July 2018

July 5, 2018, 6:41 pm

WIPO (World Intellectual Property Organisation) defines Intellectual Property to be creations of mind that have been manifested[1]. Inventions form a vital part of intellectual property and the rights with respect to such inventions are safeguarded by means of a patent. A patent is an exclusive right that has been wi Read More

Categories:
July 13, 2018, 6:28 pm

Compulsory Licensing is an authorisation given to a person to use a patented invention without any permission from the patent holder of that invention. It is a boon for all the under-developed and developing countries, but the developed countries are against it.The reason is that the under-developed and developing countries do not have enough revenue to fund research;therefor Read More

Categories:
July 14, 2018, 5:08 pm

Human beings are full of desires. And an exchange has to be made for something against fulfilment of those desires. This “something” can be highly unique, which gave rise to earlier forms of barter transactions, or it can be something more uniform, more acceptable or more universal like currency. A desire is said to have been met when such exchange in the form of transaction Read More

Categories: