Learn about Intellectual Property Rights (IPR), their importance in protecting inventions, creative works, and business assets. This lesson is ideal for law, business, and entrepreneurship students, as well as professionals seeking to safeguard innovations and maintain competitive advantage.  Covered: Definition and purpose of Intellectual Property Rights Types of IPR: Patents – protection for inventions Trademarks – brand identity and logos Copyrights – literary, artistic, and digital works Industrial Designs – unique product designs Trade Secrets – confidential business information Importance of IPR in promoting innovation and economic growth Legal frameworks and enforcement mechanisms Case studies and practical examples