2. Introduction Intellectual property (IP) is the creation of the mind. It protect the interests of creators by giving them property rights over their creations.
3. Classified Industrial property - inventions (patents), trademarks, industrial designs, and geographic indications of source Copy Rights - literary and artistic works , musical works, artistic works and architectural designs
4. Motives It gives moral and economic rights to creators in their creations and rights to the public in accessing those creations. It promotes creativity It promotes distribution and application of its results. It encourages fair trade It contributes to economic and social development.
5. IP and Economic Growth It encourages people to devote their talent and energy for new products. Trademark create an image for the product. Driving innovation and technology Fostering new ideas Enhancing society and Culture Protects small and medium scale industries Developing correlation among nations
7. GATS General Agreement on Trade in Services (GATS) is a treaty of the World Trade Organization (WTO) that came into force in January 1995 as a result of the Uruguay Round negotiations to provide for the extension of the multilateral trading system to services.
8. Technical and regulatory changes in recent decades, opening of private commercial participation and reducing existing barriers to entry. Emergence of the Internet helped to create a range of internationally trade able product variants from e-banking to tele-health and distance learning.
9. This list covers 161 Service activities under 12 broad sector Business Communication Construction, Distribution, Education, Environment, financial, health, tourism, recreation, Transport, & other
10. Modes of GATS Cross border - Telecom, BPO -35 % Consumption Abroad – Tourism – 10-15% Commercial Presence – FDI – 50 % Movement of natural Persons – service providers- 1-2 %
11. Provisions Most Favoured Nation Transparency, domestic regulation Monopolies and Exclusive service supplies Emergency safeguard Measures Balance of payments Safeguards Government Procurement General Exceptions & Subsidies
