Differentiate Or Destroy:  Intellectual Property Rights as A Tool For Competitive Advantage

Jamshadali T T; Abbas Vattoli

doi:10.36948/ijfmr.2025.v07i06.65259

Differentiate Or Destroy: Intellectual Property Rights as A Tool For Competitive Advantage

Author(s)	Mr. Jamshadali T T, Dr. Abbas Vattoli
Country	India
Abstract	The endless possibilities of information technology have made everything easier, and business practices have also changed dramatically. The market is becoming a more transparent but fiercely competitive place. In an era when consumers cannot do much without the help of big technologies that communicate everything from the ingredients of the products they use to their prices, business is becoming increasingly competitive. To keep our businesses afloat, we must keep some things a secret. Otherwise, no business can grow sustainably. Therefore, the ideas that come from continuous exploration need to be protected properly. Intellectual Property Rights are the most suitable tool for that. Today, it is very suitable for legally protecting maximum information. In the market, IPR enables even small business owners to get the right to own many things like monopolies to survive the competition. Therefore, it can be said without a doubt that Intellectual Property Rights are an indispensable tool for providing competitive advantage in a monopolistic competition market. Differentiation is the main feature of this market. New inventions and innovations change the products themselves with patents, trademarks and designs bringing imaginary differentiations to them. With the spread of information technology, copyrights have also become an essential element. Special registrations are also being given for innovations in the agricultural and electronic fields. Geographical Indications specially given to producers of special products enable a society to stand out in the competitive market. This was done as a conceptual study examining how IPR, which is very useful even for a small business owner, enables them to stand strong in a competitive market and thus achieve sustainable development.
Keywords	Intellectual Property Rights, Differentiation, Competitive Advantage, Monopolistic Competition, Sustainable Development
Field	Sociology > Administration / Law / Management
Published In	Volume 7, Issue 6, November-December 2025
Published On	2025-12-31
DOI	https://doi.org/10.36948/ijfmr.2025.v07i06.65259

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Differentiate Or Destroy: Intellectual Property Rights as A Tool For Competitive Advantage

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