One should be the master of its creation
Today, ownership is not restricted to tangible assets, such as land and commodities, but also includes intangible creations of the human mind. Generally known as Intellectual Property (IP), this includes ideas, designs, symbols, writings, images, music, and other creative works of the human intellect.
What are Intellectual Property Rights?
Intellectual Property Rights (IPR) provide legal protection to the creators of these intangible assets, granting them a monopoly over their use. This protection comes in the form of patents, trademarks, copyrights, trade secrets, and industrial design rights.
What Falls Under IP?
Intellectual property includes words, phrases, symbols, ideas, designs, inventions, discoveries, music, literature, and brands. Intellectual property rights can be claimed over all these creations.
Why is IP Protection Important?
The motivation to create is diminished when creators and innovators are unable to claim their own creations. It is crucial for creators to own their intellectual property (IP) rights, in order to regulate the use of their creations and receive financial compensation. This security promotes research and development and promotes innovation.
Pakistan’s intellectual property laws are designed to promote innovative and diverse creation by offering creators with limited-time ownership rights. This promotes economic growth and innovation, allowing creators to generate revenue from their work. Unlike tangible properties, intellectual property is indivisible and can be consumed by a large number of individuals without depletion, which presents a unique challenge.
What’s the Threat?
The motivation to create is diminished when creators and innovators are unable to claim their own creations. It is crucial for creators to own their intellectual property (IP) rights, in order to regulate the use of their creations and receive financial compensation. This security promotes research and development and promotes innovation.
Pakistan’s intellectual property laws are designed to promote innovative and diverse creation by offering creators with limited-time ownership rights. This promotes economic growth and innovation, allowing creators to generate revenue from their work. Unlike tangible properties, intellectual property is indivisible and can be consumed by a large number of individuals without depletion, which presents a unique challenge.
Remedies Available:
In Pakistan, several criminal and civil remedies are available for IP infringement. The laws governing IPR include the Patents Ordinance 2000, Copyright Ordinance 1962, Trademark Ordinance 2001, and the Intellectual Property Organization of Pakistan Act 2012.
At Lax Lata, we have successfully secured numerous reliefs for our clients such as revocations, damages, and injunctions,
from the Intellectual Property Tribunals and the High Court
Services We Offer:
- ✔ Patent litigation
- ✔ Brand protection
- ✔ Trademark registration and protection
- ✔ Copyright dispute resolution
- ✔ Trademark dispute resolution
- ✔ Customs enforcement
- ✔ Intellectual property auditing
- ✔ IP counseling and advice
- ✔ Licensing trademark and copyright agreements
