Type |
Description |
Copyrights |
Protection of original literary, musical, and artistic works |
Trademarks |
Logos, signs, or symbols used to distinguish goods/services |
Patents |
Exclusive rights granted for inventions (products or processes) |
Geographical Indications (GIs) |
Names identifying goods originating from a specific region (e.g., Darjeeling Tea) |
Industrial Designs |
Aesthetic aspects or appearance of a product |
Trade Secrets |
Confidential business information that provides a competitive edge |
Layout Designs of Integrated Circuits |
Protection for the layout design of chips and semiconductors |
Criticism |
Explanation |
Disadvantage to Poor Countries |
High patent standards can make life-saving drugs unaffordable. |
Monopolistic Power |
Multinational corporations get exclusive control, limiting competition. |
Impact on Farmers |
Patent protection on seeds can hurt traditional agricultural practices. |
Weak Technology Transfer |
Developing nations don't always benefit from promised tech transfers. |
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