Professional Documents
Culture Documents
The right of a person or company to exclusively use its own ideas, plans, and other intangible assets without competition, at least for
Patents
Industrial designs
Trade and service marks Copy rights GEOGRAPHICAL INDICATIONS Layout designs (of integrated circuits). Trade secrets Protection of inventions in biotechnology (plants).
INDIAN IPR REGIME Meet international obligations while safeguarding national interests Modernize Move ahead
STRATEGY FOR IPR Meet International obligations through Legislative changes Modernize IPR Regime Create Awareness
IP Strategy
Strategy Identify intellectual property assets. Develop plan of protection through four main forms of intellectual property: copyright, patent, trademark and trade secret. Exploit intellectual property through program of licensing and distribution that best preserves your IP position. Develop program of enforcement of intellectual property rights. Monitor changes in the law and participate in such changes. Watch for IP claims by key competitors, particularly in the patent area.
Legislations
The The Patents Act, 1970 Product Patent Patent Term of 20 years Public Health Safeguards Protection to Traditional knowledge Trade Marks Act, 1999 Service Marks and Collective Marks Term increased from 7 years to 10 years
Legislations
The Designs Act, 2000
Definitions
MARK: Section 2(1) (m) of TM Act, 1999 defines Mark as Mark includes a Device, brand, heading, label, ticket, name, signature, word, letter, numeral, shape of goods, packing or combination of colours or any combination thereof. Example M written in a particular style with yellow colour for MacDonalds; 555/777 numerical used for detergent soaps; signature used as a mark for alcohol etc.
Trademark Definition: A word, slogan, design, picture, or any other symbol used to identify and distinguish goods or services Purpose: communicate to the public the origin of the goods Word: McNuggetthink McDonalds Slogan: Just do itthink Nike
SERVICE MARK: It means service of any description that is made available to any potential users and includes the provision of service in connection with business of any industrial or commercial matters such as banking, communications, education, financing, insurance, chit funds, real estate, transport, storage, material treatment, processing, supply of electrical or other energy, boarding, loading entertainment amusement, construction, repair, conveying of news or information and advertising. CERTIFICATION TRADE MARK: There is a species of trade mark called as Certification Trade mark. Its function is to indicate that the proprietor of the mark has certified the goods bearing the mark as to certain characteristics of the goods. e.g. Geographical origin, ingredients and so on such as ISI, AGMARK
Copyright
Copyright is a right given by the law to creators of literary, dramatic, musical and artistic works and producers of cinematograph films and sound recordings. A right owned by every author of a work to exclude others from doing any of the following activities in connection with the work: (1) reproduction, (2) Adaptation, (3) Distribution to the public, (4) Performance in public or (5) Display in public Think Creative arts
Trade Secret
Definition: Business information that is the subject of reasonable efforts to preserve confidentiality and have value because it is not generally known in the trade Examples: formulae, devices, manufacturing processes, customer lists & preferences Uses: good alternative to a patent if invention cannot be reverse-engineered [i.e. recipe & formulation of Coca-Cola] Think Business
Patent
Definition: A grant by the government to an inventor of the right to exclude others from making, selling, or using the invention Types: Provisional, Utility, Design and Plant Think Innovation
Why Patenting
Patents prevent others from commercially utilizing an invention. For the research-based industry, periods of market exclusivity are crucial for the recoupment of R&D expenditure. Patents encourage financial risk and long-term research. Patents guarantee the dissemination of information.
Types of Patents Design Protects only the appearance of an object, not its functionality registration is intended to protect designs which have an industrial or commercial use. Contains only drawings [which serve as the claims] 15 year term
Enforcement
Advantages
Knowledge adds to scientific background forming base for further research Reasonable assurance for commercialization patent open to public for use : after term expiry or when it ceases to be in force
Invention
Invention is a successful technical solution to a technical problem. To be granted a Patent, An invention must be
- New - Non-obvious - capable of industrial application