Role of IPR in Safeguarding the Rights of the Innovator

On 26.03.2025 a session was organized on the title “Role of IPR in Safeguarding the Rights of the Innovator” by the EDII TN in association with Entrepreneurship Development Cell and Department of MCA. The session was handled by Dr.K. VinuKumar", Associate professor, Department of Mechanical Engineering, Francis Xavier Engineering College. 40 I MCA students and 2 faculties participated in the program. This event was coordinated by Dr.M.Vijaya Maheswari, Assistant Professor, Department of MCA, Francis Xavier Engineering College.

• IPR safeguards innovators by granting exclusive rights, preventing unauthorized use, and fostering innovation-driven economic growth.
• Definitions and Concepts:
  • Intellectual Property Rights (IPR): Legal protections granted to creators and innovators for their inventions, artistic works, designs, and trademarks, ensuring exclusive rights and preventing unauthorized use.
  • Building blocks: IPR encompasses:
    • Patents – Protecting inventions
    • Copyrights – Safeguarding creative works
    • Trademarks – Securing brand identity
    • Trade secrets – Preserving confidential business information
• Real-World Examples:
  • Apple Inc. and Patent Protection
  • Coca-Cola and Trade Secret Protection
• IPR Issues and Challenges:
  • Patent Infringement & Litigation: Unauthorized use of patented inventions often leads to costly legal battles, delaying innovation and business growth.
  • Lack of Awareness & Enforcement: Many innovators, especially in developing nations, are unaware of their rights, and weak enforcement mechanisms fail to protect them effectively.
• Conclusion: Dr. VinuKumar emphasized that Intellectual Property Rights (IPR) play a crucial role in safeguarding the rights of innovators by providing legal protection, promoting fair competition, and encouraging technological and creative advancements.