The basic principles of intellectual property – explained
Paris Convention is the most basic and important multilateral convention relating to intellectual property, including trademarks, of which India is a member. It defined the meaning and scope of industrial property rights protection and established basic principles and rules.Trademark has a substantial role in the competitive market and has a remarkable intellectual value which needs to be protected. The recognition and protection of intellectual property rights is considered to be of recent origin.But the instances given in this Article would trace its Origin right from the period of the Ancient Classical Greek and The Imperial Rome. ADVERTISEMENTS: During the course of time, the nations all over the world have recognized the importance of intellectual property rights due to its immense economic values and have enacted laws towards protecting them.The Agreement…