Recently, we hosted a virtual session on Intellectual Property Rights (IPR) with Dr. Shakti Arora from PIET. IPR refers to the legal rights granted to creators and inventors to protect their original works, inventions, and innovations. Key components of IPR include:

1. Patents: Protecting inventions and innovations

2. Trademarks: Safeguarding brand names, logos, and symbols

3. Copyrights: Protecting literary and artistic works

4. Industrial Designs: Protecting the visual designs of products

5. Trade Secrets: Protecting confidential information

The importance of IPR lies in:

1. Fostering innovation and creativity

2. Protecting brand identity

3. Preventing unauthorized use

4. Driving economic growth