Business Studies, asked by aksahu13678, 3 months ago

Weite about intellectual property o IPR policy
in detail​

Answers

Answered by ashwinaravind062
2

Answer:

Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce.

IP is protected in law by, for example, patents, copyright and trademarks, which enable people to earn recognition or financial benefit from what they invent or create. By striking the right balance between the interests of innovators and the wider public interest, the IP system aims to foster an environment in which creativity and innovation can flourish.

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