International forum of researchers Students and Academician
To understand of Intellectual Property Right (IPR) is crucial in order to facilitate commercialization of academic research and research performed through commercial software. Unprotected inventions are usually wasted inventions. The development of commercial software take a lot of time and require significant amount of money spent on equipment, technology, and salaries. Therefore, it is very important to secure the outcome by restricting other people from copying and earning out or without paying due charges the innovations. There are several ways of protecting commercial software: patents, design rights, copyrights, and trademarks.