The intellectual property rights can be defined as the idea that is generated by you which is very unique and is an economic activity as it provides you with economic benefit. This idea can be anything- it may be a design, production of software, trade secrets and any kind of discovery that adds to the economic benefit is considered as your intellectual property that needs to be protected. And this can be done under the intellectual property rights.
You have to show the proof you have discovered only then your intellect property can be protected. There 3 basic means to secure your discovery or say your property. These are 1) patenting 2) copyrights and 3) is the trademark.
The patenting of your invention or discovery deals with protecting your unique innovation. And this protection needs to be generally done with a lawyer who is specialised and skilled in patent law, he can and will ensure that your design or concept is unique and that no one can use it or manufacture it under any illegal terms. Producing an invention in a company creates a problem in patenting as these are dealt with work arrangements, so good consultation about the work can provide you with patented rights.
The second one under the IPR’s is the copyright, these are generally done for any authorship in literary works, any musical inventions, spectacular works or any audio produced stuff that is almost done. The owner can protect his invention/ property with the help of this copyrighting system. It also provides the owner with a unique label that serves the purpose of an identity. People can recognise the owner and the owner’s work with the help of the copyright label.
The 3rd is the trademark that is used to protect the name of your innovation. This protection enables the owner to be safeguarded against any mal-practices that may happen/ may be done by the manufacturers of various companies. It will also avoid other companies from selling your product by branding their own name. It is also necessary to protect your innovation even before naming it. And while naming your own brand do check out if their exist the same kind or name of another brand and try and replace it with some another name, so that it can be unique and can be protected with utmost care.
The intellectual property rights includes several other issues which are like right to access to information, wealth distribution, bonuses for innovation and creativity, general human rights. Apart of these issues, there are some other which deal with public interference. This includes whether the public can use the innovation if its beneficial for them and for how long will the owner will hold/ can control the property. These are all the issues that needs to be considered.