A Critical Analysis Of IPR And Human Rights-Conflicting Or Complemantary

Abstract

Interrelationship between Intellectual Property Rights (IPR) and the Basic Human Rights is a complex interplay of legal, ethical, and societal considerations that have significant implications for various aspects of our lives. This critical analysis aims to unravel the intricate connections between these two domains, shedding light on whether they coexist in harmony or conflict with one another. At the confluence of IPR and Human Rights lies a dynamic landscape marked by both convergence and divergence. Intellectual Property Rights, including copyrights, patents, trade secrets and trademarks, serve as a foundation for incentivizing innovation and creativity. They reward creators and innovators, offering exclusive rights to their intellectual endeavors. Conversely, Human Rights, entrenched in principles of dignity, equality, and access to resources, stand as a universal standard safeguarding individual freedoms and social welfare. This article critically examines the correlation between Intellectual Property Rights (IPR) and natural Rights, exploring whether they are conflicting or complementary. The analysis delves into the intersections, tensions, and potential synergies between these two domains, shedding light on the implications for society, innovation, and the coherence between private interests and the greater societal good. By a comprehensive analysis of previous studies and concrete examples, this article seeks to elucidate the intricate dynamics and their impact on global socio-economic landscapes.