Intellectual Rights (IP Rights) refers to creations of mind such as Inventions, Literary work, Designs and symbols, Artistic Work, names and images used in commerce.For its protection different laws/Act has been instituted such as Patent Act, Trademark Act, Designs Act, Copyrights Act, which enables people to earn financial benefit from what they invent or create. IP rights aims to foster an environment in which creativity and innovation can flourish. Different Types of IP- Trademark : A Trademark is a sign that is able to distinguish one enterprises goods from those of other enterprises. Read MoreCopyright : >Copyright is a legal term that is used to describe the rights that creators have over their literary and artistic work. Read MoreIndustrial Design : An Industrial Designs constitutes the decorative or aesthetic aspect of a piece of writing. Read MoreGeographical Indications : Geographical Indications and appellation of origin are signs used on goods, that have a specific geographical origin and possess qualities, a reputation or characteristics that are essentially attributable to that place of origin.Trade Secrets : Trade secrets are confidential information which may be sold or licensed.