A Study On Intellectual Property Rights And Its Significance For E-Commerce
- Indian Journal of Law and Legal Research
- Feb 27
- 1 min read
Navdeep Kour & Mahapara Ali
ABSTRACT
The property rights that an author or developer of a new invention or intangible asset is awarded are referred to as intellectual property rights. The 18th century saw the development of the idea of intellectual property, and in 1790, the first federal law pertaining to patents was approved. The legal protection afforded to those who have developed something novel or unique that can be physically copied or transmitted is known as intellectual property rights. Although the exact definition of intellectual property rights differs from nation to nation, in principle, any kind of expression that is covered by patent and copyright laws is protected as intellectual property (see section 20(1) (b) of the Copyright Act 1957).
E-commerce is more likely than other business models to include the selling of products and services that rely on intellectual property and its licensing. Software, designs, training materials, systems, and other items can be traded through e-commerce, with intellectual property (IP) acting as the primary source of value. Because valuable goods traded online need to be protected by IP laws and technological security measures, or else entire businesses run the risk of being destroyed by piracy or theft. This essay examines the categories of intellectual property, its history, and its use in e-commerce. Since no specific person owns any creative work, including language, music, software code, graphic design, etc., the protection for it cannot be taken away.
Keywords: Intellectual Property Rights, E-commerce, Digital age, Legal protection.
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