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Career Guidance In IPR : Intellectual Property Rights

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IPR issues  Career In Intellectual Property Rights

With the emergence of a knowledge-based globalised economy, more and more corporates are realising the benefits of guarding their intellectual property. Mona Shah explores the possibility of making a career in the sector of Intellectual Property Rights (IPR)
As mediums of communication are increasing, more and more people are facing a problem in identifying the actual owner of a particular idea or a thought. The situation has further become complex with the widespread use of the Internet in almost every segment of life. Information, data, picture or even sound gets transferred to every corner of the globe within fraction of second.

“With the Internet being used for unlimited applications like online education, tele-medicine and voice communication, software companies and educational institutions are finding it extremely difficult to protect their interests,” says advocate Purvi Shah. Several expensive software that were developed after spending million of dollars and would have involved several man hours are available for free download on various sites, leading to irreparable commercial damages. There are many search engines, which link to sites from where one can get access to even confidential information or data. To add salt to the wound, several mobile and pager companies are facilitating access to the Web though in a limited form. Any unauthorised person can transmit information without even getting permission from the actual owner, causing monetary losses running in billions through it. Therefore, it becomes imperative for the companies or individuals to protect their research work, developed hardware and software from getting imitated or pirated by others.

What are Intellectual Property Rights?
Intellectual Properties Rights (IPR) are mainly statutory rights that allow the creator or owner of the product work to prevent others from exploiting the same commercial for a certain period of time. These rights make the creator/ inventor as the owner of the product/ work. IPR is not a modern concept, its roots can be traced back to the 15th century when invention of the printing press enable copying of the literary works. This illegitimate copying led to the emergence of the certain status to protect individual creation and invention. That was the beginning of the journey of the property rights, which has now taken a global shape in the form of world intellectual property Organisation (WIPO) and TRIPS (Trade Related intellectual property right agreement.

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