What is the difference between patents, copyrights and trademarks?

Category: Law

According to “2020 Special 301” Report by Executive office of the President of the United States, India remains on the Priority Watch List in 2020. India is one of the top five countries for fake goods, as noted in the OECD’s Trends in Trade in Counterfeit & Pirated Goods (2019). Statistics like this will make the economy worried obviously. The awareness among the citizens and as well as the administrators is what the nation has to look upon. The race with human intellect in comparison with technological development is quite afar. It is human who creates and it’s the technology who is ruling the world. Unlike a decade back, it is not an excuse for not having knowledge of intellectual property rights. The moment you create a piece of work by the inbuilt skills, it is your intellectual property. And such properties must be protected from exploitation. If one is confused to distinguish to which category an innovation belongs, then this article will help in clearing the confusions.