Presented By: Group-4, (Bal krishna Sharma and Gaurav Rajbhandari ) MBA IV Semester

Trade Related Aspects of Intellectual Property RightTrade Related Aspects of Intellectual Property Right(TRIPs/TRIMs)(TRIPs/TRIMs)

International Business

Class Presentation

On

Presented By:Group-4

Balkrishna Sharma (06)Gaurav Rajbhandari (23)

Presented By: Group-4, (Bal krishna Sharma and Gaurav Rajbhandari ) MBA IV Semester

Outline of Presentation

Intellectual Property Rights (IPRs)

Trade Related Investment Measures (TRIMs)

Trade Related Aspects of Intellectual Property Rights (TRIPs)

Types of IPs and their provisions in TRIPS

Criticism of TRIPs

Presented By: Group-4, (Bal krishna Sharma and Gaurav Rajbhandari ) MBA IV Semester

Intellectual Property Rights (IPRs)

Simply, IPRs are the rights given to persons over the creations of

their minds.

IPRs usually give the creator of intellectual property the right to

control and derive the benefits from writing (copyright), inventions

(Patents), Process (trade secrets) and identifiers (trademarks) for a

defined period of time.

Presented By: Group-4, (Bal krishna Sharma and Gaurav Rajbhandari ) MBA IV Semester

Trade Related Investment Measures (TRIMs)

The Agreement on Trade Related Investment Measures (TRIMs) is one

of Agreements covered under Annex IA to the Marrakech Agreement,

signed at the end of the Uruguay Round (UR) negotiations.

Until the completion of the Uruguay Round negotiations, which produced

a well-rounded Agreement on Trade-Related Investment Measures

("TRIMs Agreement"), the few international agreements providing

disciplines for measures restricting foreign investment provided only

limited guidance in terms of content and country coverage.

Presented By: Group-4, (Bal krishna Sharma and Gaurav Rajbhandari ) MBA IV Semester

Trade Related Aspects of IPRs (TRIPs)

The Agreement on Trade Related Aspects of Intellectual Property Rights

(TRIPs) is an international agreement administered by the World Trade

Organization (WTO) that sets down minimum standards for many forms

of intellectual property (IP) regulation as applied to nationals of other

WTO Members. It was negotiated at the end of the Uruguay Round of

the General Agreement on Tariffs and Trade (GATT) in 1994.

Rich Countries had to comply with the rules within a year, poor countries

in which such protection generally was much weaker, had 5 years grace

and the very poorest have 10 years.

Presented By: Group-4, (Bal krishna Sharma and Gaurav Rajbhandari ) MBA IV Semester

Examples of IPRs

© ® ™

Presented By: Group-4, (Bal krishna Sharma and Gaurav Rajbhandari ) MBA IV Semester

Types of IPRs

• Patents

• Trademarks

• Copyrights

• Trade secrets

• Geographical Indications

Presented By: Group-4, (Bal krishna Sharma and Gaurav Rajbhandari ) MBA IV Semester

Patents

Grant of a property right to the inventor

The right to exclude others from making, using, offering for sale,

selling, or importing the invention.

Product patents

Process patents

Presented By: Group-4, (Bal krishna Sharma and Gaurav Rajbhandari ) MBA IV Semester

Patent 6293874, “ user operated amusement apparatus for kicking the user’s buttocks.

Presented By: Group-4, (Bal krishna Sharma and Gaurav Rajbhandari ) MBA IV Semester

Trademarks

Any word, symbol, or device, or any combination, used,

or intended to be used in commerce to identify and

distinguish the goods of one manufacturer or seller from

goods manufactured or sold by others.

Identifying the source of goods or service

Distinguish goods from others

Guarantee of quality

Branding/advertising medium

Presented By: Group-4, (Bal krishna Sharma and Gaurav Rajbhandari ) MBA IV Semester

Copyrights

Protection granted to the authors of “Original work of

authorship both published and unpublished”.

Protects the expression of the idea, but not the idea

itself.

Examples:

Documents, books and songs

User manuals, software codes

Web pages, sculptures and paintings

Presented By: Group-4, (Bal krishna Sharma and Gaurav Rajbhandari ) MBA IV Semester

Trade Secret

Information that companies keep secret to give an advantage over

competitors.

Must be genuine not obvious

Must provide the owner a competitive or economic advantage

Must be reasonably protected form disclosure.

Examples

Coca cola formula, software source codes.

Presented By: Group-4, (Bal krishna Sharma and Gaurav Rajbhandari ) MBA IV Semester

Geographical Indicator

Indications which identify a good as originating in the

territory of a member, or a region or locality in that territory

where a given quality, reputation or other characteristic of

the good is essentially attributed to its geographic origin.

Example: Pasmina wool of Nepal, Basmati Rice of India,

Patatos of Idaho

Presented By: Group-4, (Bal krishna Sharma and Gaurav Rajbhandari ) MBA IV Semester

Criticisms of TRIPs

wealth redistribution effects

artificial scarcity

Presented By: Group-4, (Bal krishna Sharma and Gaurav Rajbhandari ) MBA IV Semester

Thank You !!Thank You !!

Any Queries?????

Presented By:Group-4

Balkrishna Sharma (06)Gaurav Rajbhandari (23)