Seminar on Significance of Intellectual Property Rights (IPR) in Business and Commerce

Date: 17-03-2025

Event Venue/Time: Sant Baba Bhag Singh University, Jalandhar (PB)

Organizing Unit/Agency: UIL, Under the aegis: Institution Innovation Council

Students participated: 73

No. of faculty members participated: 07

One-Day Seminar on the Significance of Intellectual Property Rights (IPR) in Business and Commerce – Report

Introduction to the Event

A one-day seminar on the Significance of Intellectual Property Rights (IPR) in Business and Commerce was successfully held on 17th March 2025 at Sant Baba Bhag Singh University. Organized by the University Institute of Law, the event aimed to create awareness and educate participants on the importance, challenges, and legal aspects of IPR in today’s international economic landscape.

Objectives of the Event

The seminar aimed to provide a comprehensive understanding of Intellectual Property Rights (IPR), covering patents, trademarks, copyrights, and geographical indications. It highlighted their crucial role in fostering innovation and economic development. Participants were also informed about legal frameworks, enforcement mechanisms, and best practices for effective intellectual property protection.

Detailed Report of the Event

The seminar included insightful sessions delivered by esteemed experts from academia, law, and industry. The key topics discussed were:

• Understanding Intellectual Property Rights: Overview of various forms of IPR and their relevance across industries.
• Patents and Innovations: Criteria for patentability, patent filing procedures, and their contribution to innovation.
• Trademark and Brand Protection: Importance of trademarks in business identity and legal aspects of trademark registration.
• Copyright & Digital Content Protection: Legal implications of copyright infringement and protection in digital media.
• IPR Enforcement & Challenges: Strategies to address counterfeiting, piracy, and intellectual property theft.
• Case Studies & Best Practices: Practical examples demonstrating the value of effective IPR management.

Participation and Engagement

The seminar saw enthusiastic participation from students, researchers, faculty members, legal professionals, and entrepreneurs. The interactive Q&A sessions provided a valuable platform for participants to seek clarifications and gain deeper insights into IPR-related issues.

Conclusion

The seminar was highly informative, offering attendees a thorough understanding of the significance of Intellectual Property Rights. Key takeaways included:

• The vital role of IPR in promoting creativity, innovation, and competitiveness.
• Legal procedures for registering and enforcing various intellectual property rights.
• The importance of government policies and international treaties in strengthening IP protection.
• Challenges faced by industries and startups in protecting their intellectual property.

The event concluded with a warm vote of thanks to the speakers, organizers, and participants for their active involvement. The seminar successfully fulfilled its mission of spreading awareness and empowering attendees with essential knowledge on IPR.

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