Intellectual property law
Overview:
Intellectual property law in Nepal provides legal protection for creative and innovative works, encouraging innovation and safeguarding the rights of creators. The primary legislation governing intellectual property in the country includes the Patent, Design, Trademark, and Copyright Acts. These laws offer mechanisms to secure exclusive rights over inventions, industrial designs, trademarks, and creative works such as books, music, and software. Patents protect novel inventions, trademarks safeguard distinctive brands, and industrial designs cover the aesthetic aspects of products. Copyrights, on the other hand, grant authors and creators exclusive rights over their literary, artistic, and creative works. The legal framework aims to foster a climate of innovation, creativity, and investment in intellectual property by providing a framework for registration, enforcement, and dispute resolution. It encourages the growth of industries reliant on intellectual property while promoting a fair balance between the rights of creators and the public interest.