Intellectual Property Rights (IPR) help protect creations of the mind—be it inventions, literary works, or brand identities. Knowing the difference between patents, copyrights, and trademarks is crucial for business owners, inventors, and creative professionals.
What is a Patent?
A patent is a legal right granted to inventors for a new product, process, or solution. It gives exclusive ownership for 20 years, meaning no one else can make, use, or sell the invention without permission.
- Example: A new machinery design
- Registered with: Indian Patent Office
What is Copyright?
Copyright protects original literary, artistic, and digital works like books, songs, and software. It prevents others from copying or reproducing the work without permission. It is valid for the life of the creator plus 60 years.
- Example: A published novel
- Registered with: Copyright Office (India)
What is Trademark?
A trademark is a symbol, name, logo, or slogan that distinguishes a brand from others. It prevents brand misuse and builds customer trust. Valid for 10 years and renewable.
- Example: The Nike Swoosh
- Registered with: Trademark Registry
Quick Comparison Table
|
Feature |
Patent |
Copyright |
Trademark |
|
Protects |
Inventions |
Literary/Artistic works |
Brand identity (name/logo) |
|
Duration |
20 years |
Lifetime + 60 years |
10 years (renewable) |
|
Registration |
Mandatory |
Optional (but advised) |
Mandatory |
|
Governing Body |
Indian Patent Office |
Copyright Office |
Trademark Registry |
|
Examples |
New engine tech |
Books, software, music |
Logos, brand names |
Importance for Startups:
Protecting intellectual property adds value to your brand, builds investor trust, and offers a competitive edge.