Abstract

One of the most important aspects that stimulate innovation and creativity is the recognition of one's efforts through the grant of rights to safeguard such innovations. One type of promotion of growth is through giving of exclusive rights in the form of intellectual property rights, such as trademarks, patents, copyrights, and so on. Patents are granted to protect inventions in various fields by the Government to the inventor to give an exclusive right over the invention and to preclude others from using such an invention for any purpose for a specified length of time. As economies continue to evolve, countries are banking on the concept of the digital space, known as the "Metaverse." This is happening at a time when inflation has increased due to the ecosystem that hinders communication and cooperation, distribution nightmares and rising costs of governance which increases the urgent need for a scalable architecture. There are higher chances of increasing patent applications being filed in the field of metaverse inventions. Thus, there is a dire need to protect the Intellectual Property Rights in the ‘virtual world’. In this paper, the author analyses the challenges that Indian Patent Law shall face in the process of incorporating the surging technological inventions in the field of metaverse. Further, emphasizing a need for balance between flexible legal regulations and technological inventions developing at a fast pace.

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