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Abstract
This article tends to understand the role of intellectual property rights with reference to information technology which needs stringent laws and policies due to rising infringement in the contemporary scenario of the present legal system. It is now the time for the change in understanding the issues related to innovations via considering the effects on the intellectual property rights owners in the global world. Intellectual property is the human mind product borne out of the creativity which formulates the innovations. The Innovations are the source for the developments which enables the developing countries to rise in this fast moving space.