patent
INTRODUCTION
Utility Patents Vs. Design Patents: Patent owners benefit from both utility and design patents, although there are substantial differences between the two. What your , how much the application procedure cost...Read More
Introduction
Bolar Provision: An Exemption to Patent Exclusivity, A patent is a title or legal recognition granted to an inventor to utilize a product for the purpose of selling or distributing it for the time period designated by the authorities. Under this statute, a registered patent hol...Read More
Introduction
Ever-greening of patents - A boon or bane is a procedure in which the patent rights are renewed without any improvement in the medicinal effectiveness of the drug. Simply said, the patents are extended for another twenty years with no improvement in the drug%2...Read More
Standard Essential Patents (SEPs)
A standard-essential patent (hereinafter referred to as SEP) is one that can be properly mapped onto a mandated industry standard, so that a product that meets that standard infringes on the patent. SEPs are widely used in the mobile telephony and telecommunications business, which is highly standardized due to the need fo...Read More
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 and the importance of patents
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
Patents and the gaming industry
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
An overview of the evolution of AI systems
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
Patent Law Treaty: An outline
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