Lets Respect the Intellectual property Rights

By: MelangeMag

Every year on April 26, World Intellectual Property Day has been observed around the world to learn about the role that intellectual property rights (patents, trademarks, industrial designs, copyright) play in encouraging innovation and creativity.

2018’s World Intellectual Property Day campaign celebrated the brilliance, ingenuity, curiosity and courage of the women who are driving change in our world and shaping our common future.

Intellectual property is a system that protects human creativity and makes sure it flourishes. It provides a legal framework to stop people from stealing the work and ideas of those who create and innovate. It covers a broad area of human activity, from literature, music, arts and entertainment, to technological innovations and patents that help to shape our world. Intellectual property also relates to symbols, names, images and commercial designs. Anyone who creates anything original is protected by intellectual property laws. The aim of World Intellectual Property Day is to get people to respect the work of others and make sure the originators do not lose money or experience a loss of reputation because of illegal copying. Intellectual Property Rights are set of rights associated with creations of the human mind. An output of the human mind may be attributed with intellectual property rights. These are like any other property, and the law allows the owner to use the same to economically profit from the intellectual work. Broadly IPR covers laws related to copyrights, patents and trademarks. While laws for these are different in different countries, they follow the international legal instruments.

The importance of protecting Intellectual Property was first recognized in the Paris Convention for the Protection of Industrial Property in 1883 and the Berne Convention for the Protection of Literary and Artistic Works in 1886. World Intellectual Property Organization (WIPO) was established under Article 1 the WIPO Convention of 1967 to protect the IP rights. The Intellectual Property Rights are also outlined in Article 27 of the Universal Declaration of Human Rights, which provides for the right to benefit from the protection of moral and material interests resulting from authorship of scientific, literary or artistic productions. The Convention on Biological Diversity in 1992 represents a commitment by nations to conserve biological diversity, to use biological resources sustainably, and to share the benefits arising from the use of genetic resources as Intellectual Property fairly and equitably with the local communities.

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