• Nupur Makkar
• Dr. Moolchand
• Seema Gosain

The intellectual property is a collective term applied to a number of different types of legal rights granted by a country to the holder of intellectual property. Intellectual Property has a long history and it has proved to be a useful tool for the industry. The grant of IPR may be seen as a recognition by the country of the contribution of the innovator to the development of new or improved industrial processes and products. Intellectual property rights granted by the society to individuals and enterprises over their creative works,inventions,literary and artistic work,symbols,names and images. The TRIPS agreement provides for norms and standards in respect of patents,copyrights,trade marks,geographical indications,industrial designs and service marks. The basic aim of IPR is to drive economic growth,encourage innovation, generate breakthrough solutions to global challenges,protect consumers and entrepreneurships. . Moreover,the result of analysis shows that there is positive trend towards the usage of intellectual property rights in the last five years. The dissemination of IPR knowledge and its implementation is most important for any nation,so various awareness programms has been started by the government to aware people regarding the usage of intellectual property rights.Furthur,status of India among several countries has been raised regarding IPR usage.

Intellectual Property Rights, TRIPS, patents, trademarks, layout design, geographical indications.

"Intellectual Property Rights and its development in India", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 2, page no.225-231, February-2019, Available :http://www.jetir.org/papers/JETIR1902C38.pdf

"Intellectual Property Rights and its development in India", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 2, page no. pp225-231, February-2019, Available at : http://www.jetir.org/papers/JETIR1902C38.pdf