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Intellectual Property refers to creations of the mind: inventions, literary and artistic works, and symbols, names, and images used in commerce. Intellectual Property is divided into two broad categories:
(i) Industrial Property includes trade marks for brand names, patents for inventions and industrial designs for ornamental/aesthetic aspect of an article.
(ii) Copyright includes literary, musical and artistic works and architectural designs. Rights related to copyright include those of performing artists in their performances, producers of phonograms, and those of broadcasters in their radio and television programs.
Trade Mark is defined as a mark used or proposed to be used in relation to goods for the purpose of indication, or as to indicate a connection between the goods and a person who has the right either as proprietor or registered user to use the mark whether with or without an indication of the identity of that person.
A patent is a form of protection that is granted by the state to the owner of an invention to prevent the public from using, making and marketing it. The protection term lasts for 20 years within the territorial boundaries of that particular state.
An industrial design is the ornamental or aesthetic (artistic) aspect of an article. The design may consist of three dimensional features, such as the shape of the surface of an article, or two dimensional features, such as patterns, lines or colour.
Copyright is a legal term for a limited monopoly for aspects of moral and property rights. It is extended to expressions of ideas and not ideas, processes, methods of operation, systems, principles, discovery, mere data or concepts.