“Just as man can’t exist without his body, so no rights can exist without the right to translate one’s rights into reality,to think, to work and keep the results, which means: the right of property.” – Ayn Rand
When Man creates an innovation, his innovation cannot exist without a right to innovate and protect that innovation. Truly said, ultimately property rights and personal rights are the same thing. Talking about rights, Rights have been created in Man for the protection of himself, his family, his property, etc. Also rights have been created over a period to protect that which he creates or ideates under the Umbrella Term – Intellectual Property Rights.
Intellectual Property Rights is a concept in Law which creates exclusive rights to recognise and protect the innovative creations of the human mind. The History of Intellectual Property Law dates back to the period where royal grants were…
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