MET Institute of PGDM, in collaboration with MET Institute Innovation Council, had the privilege of hosting Dr. Arun Raza, Consultant, MET Incubation Centre, on Tuesday, 11 February 2025, for an insightful session on Intellectual Property Rights (IPR).
Key Insights from the Session:
Understanding IPR – The legal framework protecting inventions, artistic works, designs, and brand identities. Essential for businesses, entrepreneurs, and creators.
Patents and Their Importance – How utility and design patents safeguard innovations, with a 20-year exclusivity period for inventors.
Copyright & Licensing – The role of copyrights in protecting creative works like music, films, books, and digital content, along with licensing agreements that allow legal usage.
Real-World Examples of IPR Protection:
Apple iPhone Design – Secured under design patents.
Coca-Cola Bottle Shape – A patented industrial design.
Nike’s "Just Do It" Slogan – A combination of copyright and trademark protection.
McDonald's Golden Arches – A trademarked brand identity.
Key Takeaway:
IPR is more than just legal protection—it is a strategic tool for innovation, brand differentiation, and competitive advantage. Understanding and leveraging intellectual property can drive success in today’s knowledge-driven economy.
At MET PGDM, we equip future business leaders with industry-relevant knowledge, ensuring they stay ahead in an evolving global landscape.
Tags: MET Institute of PGDM
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