Knowledge is the paramount tool for the development of nation. The knowledge, and the ideas emanating from it existed
from times immemorial but the protection of the human intellect was a manner of concern. Intellectual propriety law
provides protection for the economic and social development of a nation and its prosperity. Intellectual Propriety Rights
(IPRS) can play a positive role in encouraging new business development, rationalization of inefficient industry, and
inducing technology acquisition and creation.