ECONOMICS (CBSE/UGC NET)

ECONOMICS

PROPERTY RIGHTS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Intellectual property includes other types of rights such as trade secrets, publicity rights, moral rights, and rights against unfair competition.
A
VIRUS
B
VACCINE
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Patents, trademarks, copyrights, and trade secrets are valuable assets of the company and understanding how they work and how they are created is critical to knowing how to protect them.

Detailed explanation-2: -IPR provide certain exclusive rights to the inventors or creators of that property, in order to enable them to reap commercial benefits from their creative efforts or reputation. There are several types of intellectual property protection like patent, copyright, trademark, etc.

Detailed explanation-3: -Intellectual property rights include patents, copyright, industrial design rights, trademarks, plant variety rights, trade dress, geographical indications, and in some jurisdictions trade secrets.

Detailed explanation-4: -Copyrights, Patents, Trademarks, and Trade Secrets – Four Types of Intellectual Properties.

There is 1 question to complete.