LEGAL FRAMEWORKS AND INTELLECTUAL PROPERTY: A COMPARATIVE ANALYSIS

AUTHOR – ABITHA KUMAR, STUDENT AT GOVERNMENT LAW COLLEGE CHENGALPATTU, CHENNAI

BEST CITATION – ABITHA KUMAR, LEGAL FRAMEWORKS AND INTELLECTUAL PROPERTY: A COMPARATIVE ANALYSIS, ILE INTELLECTUAL PROPERTY AND CORPORATE LAW REVIEW, 3 (1) OF 2024, PG. 67-79, APIS – 3920 – 0008 | ISSN – 2583–6153.

ABSTRACT

             Over the past two-decade, Intellectual Property rights have grown to structure from where it plays a major role in the development of Global Economy. In the 1990’s many countries unilaterally strengthened their laws and Regulations in this area, and many others were poised to do likewise. At the multilateral level, the successful conclusion of the agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS) in World Trade Organisation (WTO) enhanced the protection and enforcement of intellectual property rights to the level of solemn international commitment. The new Global Intellectual property Rights system comes with both benefits and costs. The domain of Intellectual Property is vast. Copy Rights, Patents, Trademark and designs are known to have received recognition for a long time. Newer forms of the protection are also emerging particularly stimulated by the existing developments in scientific and technological activities. The most noticeable difference between intellectual property and other forms of property, however is that intellectual property is Intangible, that is cannot be defined or identified by its own physical parameter. It must be expressed in some discernible way to be Protocols. Generally, it encompasses four separate and distinct types of intangible property.

Key Words:  AI, Artificial Intelligence, Intellectual Property,