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Intellectual Property

Prof. Feroz Ali


Department of Humanities and Social Sciences
Indian Institute of Technology, Madras

Lecture - 02
An Introduction to Intellectual Property

(Refer Slide Time: 00:14)

What is an intellectual property? Intellectual property relates to original ideas, results


that emanate from research, and generally it covers some kind of critical business
information. Intellectual property refers to that set of properties that emanates from
human creative labour.

Now when we mention intellectual property we are specifically trying to define


intellectual property as that is distinct from real property. For example, land or a laptop
or a pen, these are instances of property that exist in the real world. You can touch and
feel them, they are tangible, you can feel them, there are borders to it, there is no
perceivable dispute with regard to where the contours of these properties are. A land is
defined by its boundaries, a pen is an object that exists in time and space. So, we do not
have problems in ascertaining the boundaries of this property; whereas, when we come
to intellectual property we do have certain issues as to understanding the outer limits or
the boundaries or the private space of intellectual property.
(Refer Slide Time: 01:33)

Now, intellectual property specifically refers to things that emanate from human creative
labour. Intellectual property manifests itself in various forms. For instance, if you look at
invention, and invention is an intellectual property which can be protected by a patent,
which is an intellectual property right. A literary work a book or the work that is written
or expressed in words could be an intellectual property which can be protected by an
intellectual property rights that is copyright.

So, there is a distant distinction between intellectual property or the rights of property
that manifest in certain creations made by human beings, and the right that protects these
manifestations. Now for us to understand the concept of intellectual property better, we
need to understand what these word stand for. Now intellectual property and intellectual
property rights that is IP and IPR are in most places used interchangeably and there is
nothing wrong with that, because many a times when we talk about intellectual property
we also want to cover or encompass the corresponding rights.
(Refer Slide Time: 02:53)

But for the purpose of this lecture, we will try to explain the independent ingredients that
constitute intellectual property rights. Now let us start with the right part of it.

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