Monday, August 30, 2010

WIPO takes care of IP

World Intellectual Property Organisation (WIPO), which is dedicated for the development of international Intellectual Property (IP) System, is a family member of United Nations Organizations. WIPO, which is headquartered at Geneva, was established in the year 1967 by the WIPO Convention signed on July 14, 1967. The strategic direction and the activities of this 184 members organization are decided by the member states, who meet once in two years in the month of September/ October.

What is IP or Intellectual Property? It is nothing but creations of mind of an individual. It could be inventions, literary and artistic works, and symbols, names, images and designs used in trade and commerce.

Intellectual Property can be divided into two - (i) Industrial Property and (ii) Copyright.
(i) Industrial property includes inventions (for which patents are obtained), trade marks, industrial designs and geographic indications of source. These marks and designs require protection against unauthorized use, because the details regarding the products and services of a Company or a firm are transmitted to the general public and the potential customers through these signs.
(ii) Copyright includes literary and artistic works such as novels, poems, plays, films, musical works, drawings, paintings, photographs, sculptures and architectural designs. Broadly speaking, copy right is an exclusive right granted by law for a specified period to the creator of a work of thought against any form of copying by an unauthorised person. ..

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