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Intellectual Property Rights (IPR) arbitration and litigation are legal processes for resolving disputes over intellectual property assets such as patents, trademarks, copyrights, and trade secrets. Arbitration is a form of alternative dispute resolution where parties agree to submit their dispute to an arbitrator, who makes a binding decision outside of traditional court proceedings. This method is often preferred for its speed, flexibility, and confidentiality. Litigation, on the other hand, involves taking the dispute to a court where a judge or jury makes a determination based on evidence and legal arguments. Litigation can be more formal and public, and it often involves a lengthy process with potential appeals. Both arbitration and litigation aim to protect and enforce IP rights, resolve conflicts over IP ownership or infringement, and provide remedies such as damages, injunctions, or licensing agreements. The choice between arbitration and litigation depends on factors like the nature of the dispute, desired speed of resolution, and confidentiality concerns.