Abstract

THE INTELLECTUAL PROPERTY RIGHTS SYSTEM AND IT’S ROLE IN PUBLIC HEALTH

Dr. D.K. Sanghi and *Rakesh Tiwle

Abstract

Intellectual property rights (IPR) have become an important in the face of changing trade environment which is characterized by high innovation risks, short product cycle, global competition, need for rapid changes in technology, high investments in research and development (R&D), production and marketing and need for highly skilled human resources. It provides an incentive for innovation because the owner of the rights can exploit and retain these rights to gain commercial remuneration from third parties who wish to use their work. Intellectual Property Rights are patents, copyrights, trademarks, and geographical indicators, protection of undisclosed information, and layout designs of integrated circuits, industrial designs and traditional knowledge which can be recognized by WTO (World Trading Organization) and the Trade Related Intellectual Property Rights agreement (TRIPS). In the article, are focus on the development of Intellectual Property Law in India, Evaluation of an International Intellectual Property Regime, Medicines, and food products are not simply commercial commodities, but basic human needs, fundamental human rights entitlements, and critical components of health care systems.

Keywords: Patents, Copyrights, Trade secrets, and Trademarks.