“C” stands for Copyright, “P” stands for Patent & “T” stands for Trademark.
The question arises here, what is CPT? Is it important? Does it have any significance?
The World Intellectual Property Organization brought CPT in legislature to protect the rights of a person’s belonging in terms of an idea, invention, symbols defining a firm, etc.
Copyright is a legal inscribed document symbolizing the idea to a certain person, For instance, authors, choreographers, architects. It obligates to be used again by some other person. Though, their idea can’t be used until and unless it is tangible. In order to eradicate any further inconvenience to the authorized owner, the intellectual property aims to provide copyright.
An individual can be prosecuted in a court for infringement of copyright provided, one has the papers in place. A copyright is lawful for a lifetime.
Patent is a claim mentioning the inventions with a new or improved function, the intellectual property gives the right to claim many applications which defines a specific property right. The validity of the attained Patent is for 20 years, it can’t be renewed. A Patent doesn’t allow to make or sell or use the invention, it provides the Right to exclude others.
An alumnus of IPS BUSINESS SCHOOL – JAIPUR (comes under the top management colleges in India) they are willing to invent a new concurrency, and desire to get it Patent to enjoy ownership.
The norms of patent vary from different countries and allows to relish the Rights according to their constitution.
A trademark is a recognizable symbol, design, or expression which identifies products or services of a particular source from those of others. The trademark owner can be an individual, business organization, or any legal entity. A trademark may be located on a package, a label, a voucher, or on the product itself. A Trademark is valid till 10 financial years & can be renewed respectively.