A COMPREHENSIVE ASSESSMENT OF THE ECONOMIC IMPACTS OF INTELLECTUAL PROPERTY RIGHTS

AUTHORS – MS. KEERTHANA P.G, STUDENT AT SAVEETHA SCHOOL OF LAW, SAVEETHA INSTITUTE OF MEDICAL AND TECHNICAL SCIENCES(SIMATS), SAVEETHA UNIVERSITY, CHENNAI.

BEST CITATION – MS. KEERTHANA P.G, A COMPREHENSIVE ASSESSMENT OF THE ECONOMIC IMPACTS OF INTELLECTUAL PROPERTY RIGHTS, INDIAN JOURNAL OF LEGAL REVIEW (IJLR), 4 (2) OF 2024, PG. 633-641, APIS – 3920 – 0001 & ISSN – 2583-2344.

ABSTRACT

Intellectual Property is that property that’s developed by the Individual mind and by the Individuals intellect. Now intellectual property and rights attached to intellectual property are getting veritably precious and precious. In India, there are well- established executive, statutory, and Judicial configurations for shielding IPR  .In numerous advanced countries, the strict enforcement of the IPR function has a huge benefit to profitable growth. IPR promotes invention which leads to profitable growth. currently every business in the world is the creation of Innovation . This Research is an empirical Research following random sampling method with a sample size of . The main aspects dealt are relating to the economic impacts that are caused by the intellectual property rights in India . The study is an empirical research with a sample size of 200 and the samples were collected using random sampling method . Thus through the research a broad aspective of the emergence and development of IPR in the economy of the country was brought into discussion.In numerous advanced countries, the strict enforcement of the IPR function has a huge benefit to profitable growth. IPR promotes invention which leads to profitable growth. currently every business in the world is the creation of Innovation .

KEYWORDS:- IPR, Economy, Development, Nation , Progress