Intellectual Property Rights (in short IPR) are the rights held by a persons over the creations of their minds. IPR give the creator an exclusive right over the use of his/her creation for a certain period of time.
IPR are usually divided into into two basic regions:
(1) Trade Marks & other Industrial Right viz. Patent, Designs, Geographical Indication and other related rights.
(2) Copyrights and the rights of authors of Original literary and artistic works (such as books and other writings, musical compositions, paintings, sculpture, computer programs and films) are protected by copyright.