Happenings

Identifying Intellectual Property Component at the early stage of innovation by IIC, Invertis University

Invited Speaker: Ms Anu Singh

IPR Activity Coordinator: Dr Dinesh Kumar

IIC President: Mr Ashutosh Pradhan

Convener: Mr Suhail Javed Quraishi

Venue: Invertis University, Bareilly

Total Participants: 143

Date: 7th Jan 2021(Thursday)

Session was started with great enthuse and energy in morning 11:15 am in Invertis University, Bareilly with great presence of all the faculty members, dignitaries, and students of different courses.

Ms Anu singh was our invited speaker. Currently She is working as Assistant Professor in law department of Invertis University. She has a specialization on Intellectual Property Right. She covered all the aspects of IPR during her talk. This report is having a brief summery of her talk.

Intellectual property rights cover the Creation of the human mind, which results from human creativity and innovation. It enables people to earn recognition and earn financial benefits and encourage inventiveness. She also discusses the Difference between invention and innovation. The invention refers to the occurrence of an idea for a product or a process that has never been made before, innovation applies the implementation of an idea a for product or process for the very first time. The Smartphone, the car, the desktop computer are inventions. While Innovation is the continual upgrade of inventions. The Types of IPR are Patent, Trademark, Trade secret, Geographical indication, Copyright, Plant varieties, Design.

Importance of IPR in startup: Every startup has IP rights, which it needs to, understand and protect for excellence in its business. Every startup uses a trading name, brand, logo, advertisement, inventions, design products, or a website in which posses’ valuable IP rights. While starting any venture, the startup also needs to confirm that it is not in violation of the IP rights of any other person to save itself from any unwarranted litigation or legal action which can thwart its business activities.

Trademarks: Trademarks means any words, symbols, slogans, product packaging or design that identify the goods or services, particular source.

Trade secrets: Any confidential business information which provides an enterprise or competing edge maybe considered a trade secret.

Industrial Design: These are the features of shape, configuration, pattern, ornament or composition of lines or colors applied to the product, which makes it look different from other articles in the market.

Copyright: It is a right given by the law to creator of literary, dramatic, musical and artistic works and producers of cinematographic films and sound recordings.

Patent: Patent law is that branch of intellectual property law that deals with new inventions such as circuit boards car engines, heating coils or zippers.