Author(s): Naseer Ahmad Bhat
Intellectual property rights (IPR) have been characterized as thoughts, innovations, and inventive articulations in view of which there is an open readiness to give the status of property. IPR give certain selective rights to the designers or makers of that property, keeping in mind the end goal to empower them to receive business rewards from their imaginative endeavors or notoriety. There are a few sorts of licensed innovation security like patent, copyright, trademark, and so on. Patent is an acknowledgment for a development, which fulfills the criteria of worldwide curiosity, nonconspicuousness, and modern application. IPR is essential for better recognizable proof, arranging, commercialization, rendering, and accordingly assurance of innovation or innovativeness. Every industry ought to advance its own IPR arrangements, administration style, methodologies, et cetera relying upon its zone of strength. Agri-Product industry at present has a developing IPR methodology requiring a superior concentration and approach in the coming time.