To apply for a patent globally, many countries such as China, Japan, Korea, Brazil, among many others require translations in their language, making it critical to have translations done in such a manner that the most appropriate and technically relevant translated words are used consistently, as the similar words may have different meanings and interpretations in different geographical l...Read More
With a long and tedious process for the patent filing, it is important to be clear with all application processes and the deadlines involved in the midst of the same. The development of a patent is a long and costly process. Like for example, if we talk about the patent portfolio, we can say that after the development of the Patent, various administrative transactions are required in maintaining the patent. These additio...Read More
The picture gives a lot of meaning when it comes to understanding an invention. As has been said in the famous phrase that a picture is worth a thousand words, it substantially fits in the arena of the patent application. There are three main requirements for a patent to be granted for an invention. Firstly, the invention must be novel, secondly, it must involve inventive steps, and finally, it must be capable of industrial applicability. It...Read More
The agriculture sector, undoubtedly, is one of the largest industries worldwide. The agriculture sector generates over $2.4 trillion for the global economy. Moreover, the global market size of smart agriculture is expected to hit $23.14 billion by 2022. Today, the agriculture sector em...Read More
Gaming can be defined as the running of specialized applications on consoles or personal devices for entertainment purposes. Generally, it is perceived as a hobby and in some cases, a competitive sport. Technological developments, over the years, have significantly advanced the gaming industry. Today, gamin...Read More
Artificial Intelligence (AI) is a term that was first coined by John McCarthy from Dartmouth University in 1956. AI systems facilitate machines to comprehend and achieve complex tasks or goals. Often, AIs engage in deep learning or machine learning that would help the AI system absorb enormous amounts of data. Over the yea...Read More
India is witnessing remarkable growth in various sectors making it one of the most favorite destinations for investors. With more and more investors coming to India, the number of IPs filing and grant are bound to increase. India witnessed a long journey since 2000 when its GDP at $468.39 billion started to rise phenomenally to almost five times, adding a whopping $2.62 trillion to the economy in 2020. Since contribution...Read More
The Patent Law Treaty is an international multilateral agreement that was concluded and brought into existence through a diplomatic conference that was held at the World Intellectual Property Organization in Geneva, Switzerland. The diplomatic conference comprised 53 states as well as th...Read More
Intellectual Property is undoubtedly an important intangible asset to the company. IP asset strategies hold a prominent place in the business. The development of IP and especially patents requires a lot of time, effort, and money. This can be well apprehended by the time that is required for a patent to be granted. If a patent is granted for the invention, it ensures that no other person claims your invention as their property. Even if someone end...Read More
The culinary industry is one of the most lucrative industries in the world. The Indian food industry is estimated to be valued at around US dollar 1.3 billion and is growing at an expedited rate of 20 percent every year. In 2020, food in India’s retail sector was valued at around INR 61 lakh crore. According to a report by the Economic Research Service, the U.S Department of Agriculture, it has been enumerated that the top 50 food manufact...Read More
Climate change is a significant predicament that plagues the 21st century. In a broad sense, it can be defined as the alteration of temperature and climatic patterns of an area that is caused due to human activities that release greenhouse gases into the Earth’s atmosphere. Climate change is an issue that several international authorities have neglected for a very long period of time. Several international efforts have bee...Read More
With the recent ruling that Artificial Intelligence (AI) can be an inventor, the Australian Court has given a new dimension towards the rulings for the AI as an inventor. This was done in the recent case of Thaler v. Commissioner of Patents [2021] FCA 879, where the issue was the grant of a patent for an invention developed by AI. The Court ruled that the AI can be inventor adding onto the jurisprudence of already developing area.%3...Read More
Today, innovation is what drives the world. In a world that is brimming with innovation to make life increasingly comfortable for mankind, several companies may develop technologies that are similar to each other. Consequently, it would become impossible for one company to develop a particular technology without inf...Read More
The ASEAN Patent Examination Co-operation (ASPEC) will now be accepting written opinions issued by any participating intellectual property office under the ASPEC. This came into force on June 15, 2021. Like that of other bilateral or multilateral agreements where one country accepts others’ final search and examination results from the IP office, similarly, ASPEC allows using of the search and examination fro...Read More
With the age of globalization and an era of the global market, major companies offer those products and services which are viable around the world. But as per the principle of patent law is concerned, the validity of a patent is limited to the jurisdiction to which it has been applied. Therefore, there is no such concept of “international” patent in the world. For example, the patent granted by the United States Patent and Tradem...Read More