Intellectual Property Rights (IPR): Concept, History, Practices and Legal Provisions in the New World Economic Order
By: Padhi, Sunil Kumar and Patnaik, Binayak
.
Material type: 
BookPublisher: Bihar Journal of Public Administration Description: 16(1), Jan-Jun, 2019: p.79-87.Subject(s): Public Administration, Intellectual Property Rights (IPR), TRIPS Agreement, Globalisation, Piracy, International Trade, Legal Provisions, Corporate Strategy, Human Dignity, Scientific Progres, IPR, IPR-Laws, TRIPS, Globalisation, Trade, India
In:
Bihar Journal of Public AdministrationSummary: This article examines the evolution and significance of intellectual property rights (IPR) in the context of globalization and international trade. While IPR has a long historical trajectory, its importance has intensified in the modern economic order due to fierce competition and the growing economic value of creative works and scientific knowledge. The paper highlights how piracy and unauthorized exploitation of intellectual property undermine national protections, necessitating international remedies. It situates the TRIPS Agreement as a landmark framework for safeguarding IPR globally, ensuring enforcement at affordable costs, and harmonizing standards across nations. The study also emphasizes the role of corporate management in integrating intellectual property into business strategy, arguing that IPR must align with human dignity, societal interests, and the advancement of science. By analyzing concept, history, practices, and legal provisions, the article underscores the need for robust recognition and management of IPR to balance innovation, trade competitiveness, and social responsibility. Intellectual property rights (IPR) of an individual is the right given to him over the creation of his mind. Although IPR has a long history, yet it acquired greater significance in the rapidly growing international trade, particularly after globalisation. The fierce competition in trade lured traders to access creative works and scientific knowledge for considerable economic import, resulting into piracy. As such, the present paper intends to examine the concept, history, practices and legal provisions of IPR in context of the new world economic order. It finds that the situation makes it necessary that the IPRs are properly recognized and managed in the country. National protection of IPRs is not adequate to safeguard these rights which can be easily pirated or copied by nationals of other countries and exploited in their own market or even in international market. Therefore international remedies for such infringement are necessary and the provisions of the Trade Related Intellectual Property Rights (TRIPS) agreement are a step towards such international protection of IPRs besides protecting and enforcing IPRs at affordable cost. The corporate management must focus on integrating intellectual property into business strategy. Intellectual Property Rights must be consistent with human dignity and interest of the society and provisions of scientific progress. – Reproduced
http://www.iipabiharbranch.org/upload/Complete%20BJPA%20Vol%20XVI%20No.%201%20-%202019.pdf
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
Articles
|
Indian Institute of Public Administration | 16(1), Jan-Jun, 2019: p.79-87 | Available | AR133665 |
This article examines the evolution and significance of intellectual property rights (IPR) in the context of globalization and international trade. While IPR has a long historical trajectory, its importance has intensified in the modern economic order due to fierce competition and the growing economic value of creative works and scientific knowledge. The paper highlights how piracy and unauthorized exploitation of intellectual property undermine national protections, necessitating international remedies. It situates the TRIPS Agreement as a landmark framework for safeguarding IPR globally, ensuring enforcement at affordable costs, and harmonizing standards across nations. The study also emphasizes the role of corporate management in integrating intellectual property into business strategy, arguing that IPR must align with human dignity, societal interests, and the advancement of science. By analyzing concept, history, practices, and legal provisions, the article underscores the need for robust recognition and management of IPR to balance innovation, trade competitiveness, and social responsibility. Intellectual property rights (IPR) of an individual is the right given to him over the creation of his mind. Although IPR has a long history, yet it acquired greater significance in the rapidly growing international trade, particularly after globalisation. The fierce competition in trade lured traders to access creative works and scientific knowledge for considerable economic import, resulting into piracy. As such, the present paper intends to examine the concept, history, practices and legal provisions of IPR in context of the new world economic order. It finds that the situation makes it necessary that the IPRs are properly recognized and managed in the country. National protection of IPRs is not adequate to safeguard these rights which can be easily pirated or copied by nationals of other countries and exploited in their own market or even in international market. Therefore international remedies for such infringement are necessary and the provisions of the Trade Related Intellectual Property Rights (TRIPS) agreement are a step towards such international protection of IPRs besides protecting and enforcing IPRs at affordable cost. The corporate management must focus on integrating intellectual property into business strategy. Intellectual Property Rights must be consistent with human dignity and interest of the society and provisions of scientific progress. – Reproduced
http://www.iipabiharbranch.org/upload/Complete%20BJPA%20Vol%20XVI%20No.%201%20-%202019.pdf
There are no comments for this item.