Business Environment, 1st Edition by Pearson

In this chapter, we study the Indian Government’s initiatives in estab-

lishing an IPR regime, the legislative framework and the Indian patent

system. Trademarks, their evolution and role, trademarks legislations,

registration of trademarks, and grounds for refusal of registration are

also discussed. We conclude with a brief discussion on the copyright

acts and other intellectual property rights.

In today’s worldwide expansion of multilateral trade and com-

merce, it has become unavoidable for any country to protect its

intellectual property by offering legal rights to the creators and

inventors in its territory and help them fetch adequate ...