Intellectual property is the product of the human intellect including creativity concepts, inventions, industrial models, trademarks, songs, literature, symbols, names, brands and etc. Intellectual Property Rights do not differ from other property rights. They allow their owner to completely benefit from his/her product which was initially an idea that developed and crystallized. They also entitle him/her to prevent others from using, dealing or tampering with his/her product without prior permission from him/her. He/she can in fact legally sue them and force them to stop and compensate for any damages.
To have knowledge of IPR is very important for management students as well as for everyone. Today the Department of Human Resource Management has conducted a guest lecture on 'Intellectual Property Rights (IPR)' by Mr Sanjay Kumar Pandey who is a registered Advocate of Bar Council of India. He has been a practitioner in Supreme Court for near about 20 years. Presently he is the Chief Managing Director (CMD) of Chanakya law classes. He has shared every aspect of of IPR and also discussed his life experience. The session was interactive and students of PGDM has participated actively.