INDIA, CANADA SIGN SIX MOU’S
On his visit to India, Canadian prime minister Justin Trudeau,India and Canada signed six memorandums of understanding (MoUs) in various fields, including Information Technology, Petroleum and Natural Gas, Sports, Industrial Policy and Promotion, Cooperation in Higher Education, and Science, Technology and Innovation.The two governments agreed to work together regarding cooperation on Intellectual Property Rights (IPR).
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Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce. IP is protected in law by, for example, patents, copyright and trademarks, which enable people to earn recognition or financial benefit from what they invent or create.
Copyright is a legal term used to describe the rights that creators have over their literary and artistic works. Works covered by copyright range from books, music, paintings, sculpture and films, to computer programs, databases, advertisements, maps and technical drawings.
A patent is an exclusive right granted for an invention. Generally speaking, a patent provides the patent owner with the right to decide how – or whether – the invention can be used by others. In exchange for this right, the patent owner makes technical information about the invention publicly available in the published patent document.
A trademark is a sign capable of distinguishing the goods or services of one enterprise from those of other enterprises.