Introduction to Intellectual Property and Intangible Economy

This free online course on Introduction to Intellectual Property and Intangible Economy starts with the definition of Intellectual property which relates to original ideas, results that emanate from research, and generally it covers some kind of critical business information. Rights can be used in two ways; as a liberty and as a licence. Next we will discuss the kinds of IPR; copyright, trademark and patent. Next we will discuss the rights granted by intellectual property.

Following that we will talk about the origin of intellectual property. Intellectual property can be attributed to human creativity. When you look at creativity from the perspective of intellectual property rights, they are creative endeavors. Next we will discuss the growth of intellectual property. Intellectual property rights has witnessed some phenomenal growth in the recent years. Part of this is due to the fact that today we have a connected world where things manufactured from one country can easily be sold in another country.

Finally we will discuss how intellectual property law was introduced as a legal subject in the law schools in India and intangible economy. Intangibles share four economic features: scalability, sunkenness, spillovers and synergies. Next we will discuss Policy challenges in an intangible economy and the Novartis case which is an important case in patent law. This case pertain to a patent over the beta crystalline form of Imatinib Mesylate.