What is Intellectual Property? Courses, Colleges & Career Scope

Intellectual Property, as the name suggests, is rights related to the conception and conclusion or end-result of any thought of human mind and intelligence.

In simple words, intellectual property rights are mechanism to grant exclusive right of certain creative ideas or business concepts to any individual or business entity.

These days, virtually every second global product is protected under various sub-divisions of the law. e.g., (DVDs under patents laws), software like Windows vista under copyright laws), goodwill of product associated with its logo under trademark laws, appearance and -design of a Rolex watch- by laws relating to designs.)

Such has been the increasingly important role of Intellectual property rights I n today’s rapidly changing business scenario.

Global trade today is ruled by companies and Multinational corporations who give have created and protected their intellectual property. No company embodies this better than Microsoft, which has been built entirely on the strength of its software programs which are protected through copyright.

Protection of intellectual property has become so important that companies today carry out intellectual property audits to identify their intellectual wealth and form special departments to manage them.

Presently, almost every country is taking measures to strengthen its shield against cases related to intellectual property. India also has formulated specific laws on a variety of aspects related to intellectual property.

World Intellectual Property Organization (WIPO)

The World Intellectual Property Organization (WIPO) is a global organization which acts as watchdog to guarantee that the rights of creators and owners of intellectual property are protected well all across the globe.

At present, 179 countries, forming over 90% of total world’s s countries are its active members-a reflection of the vital role played by it.

WIPO performs various tasks related to the protection of Intellectual Property Rights. It oversees international treaties, helps governments, organizations and the private sector in monitoring progress in the field simplifying relevant rules and practices.

Moreover, ‘WIPO World-Wide Academy’ also offers various IPR related courses to groom professionals in this important subject area.

Career Scope & Job Prospects

After gaining through knowledge of various dimensions and technicalities associated with Intellectual property, aspirants can opt for lucrative career avenues in various global and national organizations. These organizations are constantly on the look out of suitable and competent professional s to handle their Intellectual property issues.

Top Colleges/Institutes for Intellectual Property Rights Courses

1Amity Law School (ALS)New Delhi
2Rajiv Gandhi School of Intellectual Property Law, IIT KharagpurKharagpur
3NALSAR University of LawHyderabad
4GNA Patent GurukulMumbai
5Shri Vile Parle Kelavani Mandal’s Institute of Intellectual Property StudiesMumbai
6Asian School of Cyber LawsPune
7SRISTI, Society for Research and Initiatives for Sustainable Technologies and InstitutionAhmedabad
8Indira Gandhi National Open UniversityNew Delhi
9Hyderabad UniversityHyderabad
10National Law School of India UniversityBangalore
11National Distance Learning Resource Centre for IPR, IGNOUNew Delhi
12Bioinformatics Institute of IndiaNoida
13The Academy of Intellectual Property Studies (AIPS)Mumbai
14Vpm’s Advanced Study Centre Thane


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