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Basic concept of Intellectual property rights.

This article is authored by Saumya Singh, a 1st year student of LLm in Govt.LawCollege, Rewa (M.P). In this article, you will learn about the basic concept of intellectual property rights, and other related aspects regarding the IPR under[Business law]. Table of content:- 1 Introduction.   2 Meaning of intellectual property. 3 Meaning of intellectual property rights . 4 Nature of intellectual property rights                1. Creation of human mind                 2. Intangible propert y                 3. Exclusive Rights                   4. Right to sue                 5. Duties                 6. Limitation of Rights  5 Objective and scope of intellectual property rights. 6 Types of intellectual property rights:-                1. Copyright                 2. Trademark                 3. Patent                 4. Geographical indications                 5. Industrial design                 6. Plant varieties 7 Advantage of intellectual property rights. 8 Disadvantages of intellectu