trade related aspects of intellectual property rights (trips)

What are the Key Components of TRIPS?

The key components of TRIPS include:
1. Copyrights and Related Rights: Protects literary and artistic works.
2. Trademarks: Protects brand names and symbols.
3. Geographical Indications: Protects names of products that have a specific geographical origin.
4. Industrial Designs: Protects the aesthetic aspects of an article.
5. Patents: Protects inventions.
6. Layout-Designs of Integrated Circuits: Protects the designs of semiconductor chips.
7. Undisclosed Information: Protects trade secrets.
For entrepreneurs, these components are crucial as they form the backbone of their IP strategy.

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