An Overview On National Patent Law

Intellectual property rights (IPR) are the rights granted by the government to a person, group or organization for the inventions, which are ultimately used in commerce. Government encourages new ideas through IPR. However, IPR grant is conditioned on not being ‘mischievous to the state’ or causing inconvenience to the public. Intellectual property rights worldwide are agreed, defined, and enforced by various organizations and treaties, including the World Intellectual Property Organization (WIPO), World Customs Organization (WCO), World Trade Organization (WTO), United Nations Commission on International Trade Law (UNCITRAL), European Union (EU), and Trade-Related Aspects of Intellectual Property Rights (TRIPs).