Genesis and Development
Genesis and Development
DEVELOPMENT
• Intellectual Property Rights (IPR) refer to the legal rights granted to
individuals or organizations for their inventions, creations, or
innovations, protecting them from unauthorized use.
• The genesis and development of IPR are crucial in shaping how
intellectual property is recognized, protected, and commercialized.
Genesis of IPR:
• The concept of intellectual property protection began in the 15th
century, when the first patent laws were introduced.
• Prior to that, intellectual work was considered a public domain, but
with the rise of trade and industry, there was a growing need to
protect the ideas and innovations that were being created.
1. Patent Protection (Early
Beginnings):
•Venetian Patent Statute (1474):
One of the earliest formalized patent laws, it granted inventors
exclusive rights to their inventions for a set period of time,
usually to encourage innovation.