IPR stands for Intellectual Property Rights. It refers to the legal rights and protections given to individuals or entities for their creations or inventions. These rights include patents, trademarks, copyrights, and trade secrets. Intellectual property rights are important because they encourage innovation, creativity, and the protection of original ideas and inventions.
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Answer:
Intellectual property rights (IPR)
Explanation:
(IPR) refers to the legal rights given to the inventor or creator to protect his invention or creation for a certain period of time.
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IPR stands for Intellectual Property Rights. It refers to the legal rights and protections given to individuals or entities for their creations or inventions. These rights include patents, trademarks, copyrights, and trade secrets. Intellectual property rights are important because they encourage innovation, creativity, and the protection of original ideas and inventions.
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