Compare and contrast intellectual property rights in two regions Essay

Compare and contrast intellectual property rights in two regions. Comment on the difficulties faced in an increasingly globalised world - Essay Example Almost all the organizations whether large of small, national or multinational, and industrial or artistic develop logos, draw designs and introduce some brands that serve as the identity mark of their company. Intellectual property is the identity mark of an individual, a company, an organization or an industry, over which the creator contains complete and unconditional rights. The statute of law provides protection to such property in favour of the originator, and claim over this type of property without referencing to the devisor is against the statute of law and liable to be punishment. Copyright Act, Trademark Ordinance and Patents Ordinance provide protection to intellectual property rights. Different countries have devised various sets of law in order to protect intellectual property rights. Though the main objective behind all the states of the globe is to provide a complete and comprehensive scheme to the inventor of an intellectual product, yet the policies and laws vary from country to country. The same is the case with the United Kingdom and Pakistan, where the political authorities have passed distinguished intellectual property laws for the protection of intellectual rights. Once ruled over the Indo-Pakistan sub-continent, the UK introduced many legal acts like Civil & Criminal Procedural Codes, Sales of Goods, Arbitration Law, Contract Act 1872, Companies Ordinance and others. But after the partition of India in 1947, the independent Pakistani Republic passed new statutes of law including Intellectual Property Ordinance and others. It is therefore, significant variation could be observed between the IPR of both the above described countries. Before embarking up on the topic, it would be appropriate to define the types of intellectual property: Copyright consists of sections of art and literature including prose