The concept of intellectual property states that certain products of human intellect should be afforded the same protective rights that apply to physical properties. It refers to the ownership of intangible and non-physical goods. Since intellectual properties are intangible, it is more difficult to protect them than other types of properties. Because of its monetary implications, Intellectual Property is often used as a legal term to safeguard the rights of creators and inventors. Intellectual Property Rights (IPR) helps to encourage and protect inventors and creators by giving them exclusive rights over their work for a set period of time. This book gives a brief introduction to the concept of Intellectual Property Rights (IPR) and the various components of IPR. It will be a useful book to the student community as well as the public at large.