What is IPR and its importance ?
Hello Sneha,
Intellectual property are important (whether collectively or individually) to businesses as they are intangible assets that can be financially exploited because like physical property, they can be sold or licensed. Every business possesses such assets whether they are aware of it or not.
Hope it is helpful for you :)
IPR Stands for intellectual property rights.It refers to the legal rights granted with the aim to protect the creation of intellect
Importance of IPR are-:
Intellectual property importance are (whether collectively or individually) to businesses as they are intangible assets that can be financially exploited because like physical property, they can be sold or licensed. Every business possesses such assets whether they are aware of it or not.
Hello student ,
As you know ev ery element say logo, typography, tagline even product design of a brand requires Intellectual property rights. IPR are patents rights, copyrights, trademarks that give full credits and ownership to its creator. It is important to get your brand elements IPR registered soon to avoid any problems of piracy in the future.
There are some strategy which defines branding system like , branding image , branding postioning , branding personality , branding experience and many more .
Hope it will help you !
