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Indian Intellectual Property Law

Importance of IPR for Any
Research work or
Business Idea

Page No. 1
info@techcorplegal.com
Agenda

 What is Intellectual Property
Rights (IPRs) ?
 Importance of IP
 Types of Intellectual Property
IP related Myths

 Is IP a Business Asset ?
Page No. 2
info@techcorplegal.com
What is Intellectual
Property Rights (IPR) ?
 Intangible Assets – Do no exist in Physical world

 Can be Characterized
 They are not financial instruments like cash, bank
accounts, bonds or stocks
 Can be Valued and Owned
 Can be transferred
 Can be monetized
Page No. 3
info@techcorplegal.com
Importance of
Intellectual Property
Rights
 Creation of Mind
 Thought Process to create
something new

 Something nobody has
thought or developed till date
 Something unique to
business or new business idea
Page No. 4
info@techcorplegal.com
Intellectual Property basically refers to creation of mind :
 Inventions

 Designs for Industrial Articles
 Literary
 Artistic Work

 Symbols which are ultimately used in commerce
IPR further allow the inventors or creators or owners to have

the benefits from their works.
Page No. 5
info@techcorplegal.com
Types of Intellectual
Property
The intellectual property is broadly classified into seven
categories:
 Patent
 Copyright
 Trade Marks
 Industrial Design
 Geographical Indications
 Lay out designs of integrated circuits
 Protection of undisclosed information/Trade Secret
according to TRIPs agreements

Page No. 6
info@techcorplegal.com
Intellectual Property
related Myths
Myth – 1
Patent give the right to use and practice the claimed subject
matter
Reality – There could exist a prior broader patent, so a

patent is NOT a defense to infringement of prior patent
Strategy

–

Timely

Freedom-to-Operate

and

Invalidity

opinions from a patent lawyer regarding third party patent

rights

before

commencing

manufacture/sale/use

potentially infringing process or product
Page No. 7
info@techcorplegal.com

of
Myth – 2
A worldwide patent may be filed
 Must file individually / separately in each country
where protection is sought
Does International Patent protection exist ?

 Filing before WIPO is part of IPR Strategy
whereby you are increasing the time limit to
enter

in

other

countries.

However,

International protection is granted by WIPO.
Page No. 8
info@techcorplegal.com

no
Is Intellectual Property a
Business Asset? assssssssssssssssss
sssssssssssssssssss

Protect your Intangible Assets
sssssssssnnnnnnn
nnnnnnnnnnnnnn
nnnnnnnnnnnnnn
sssssssssccccccccc
ccccccccccccccccc
Succeed
cc…

Protect

Create
asssssssssssss
sssssssssssssss
sssssssssssssss
sssssssssssscc
ccccccccccccc
ccccccccccccc
…
Page No. 9
info@techcorplegal.com
Tech Corp Legal is a patent research and IP consulting firm that
specializes in assisting law firms and global companies to use
Intellectual Property as strategic business tool. Boutique Patent Attorney
firm with a high reputation in numerous technologies and high-tech
patents. We are reliable, knowledgeable and hands-on.
Mission: To assist Fortune 100 companies develop intellectual property

strategies.
Differentiating Factor: All projects are evidently done by registered
patent attorneys having years of experience in working under the
guidance of USPTO patent attorneys.

Page No. 10
info@techcorplegal.com
Authors
Rahul Dev is a Patent Attorney, Technology &
Business blogger, and partner of Tech Corp Legal
LLP, an International Law Firm. Read more..
Prity Khastgir is a Patent Attorney, specializing in
Biotech, Food Technology & Pharmaceuticals, and

partner of Tech Corp Legal LLP, an International Law
Firm. Read more..

Page No. 11
info@techcorplegal.com

http://research.techcorplegal.com
Thank you

Have Any Questions?
Get in touch with patent attorney:
info(at)techcorplegal(dot)com

Page No. 12
info@techcorplegal.com

http://research.techcorplegal.com

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Does a worldwide patent or international patent protection exist for inventors: Truth or Myth| How can I get protection of my invention?

  • 1. Indian Intellectual Property Law Importance of IPR for Any Research work or Business Idea Page No. 1 info@techcorplegal.com
  • 2. Agenda  What is Intellectual Property Rights (IPRs) ?  Importance of IP  Types of Intellectual Property IP related Myths  Is IP a Business Asset ? Page No. 2 info@techcorplegal.com
  • 3. What is Intellectual Property Rights (IPR) ?  Intangible Assets – Do no exist in Physical world  Can be Characterized  They are not financial instruments like cash, bank accounts, bonds or stocks  Can be Valued and Owned  Can be transferred  Can be monetized Page No. 3 info@techcorplegal.com
  • 4. Importance of Intellectual Property Rights  Creation of Mind  Thought Process to create something new  Something nobody has thought or developed till date  Something unique to business or new business idea Page No. 4 info@techcorplegal.com
  • 5. Intellectual Property basically refers to creation of mind :  Inventions  Designs for Industrial Articles  Literary  Artistic Work  Symbols which are ultimately used in commerce IPR further allow the inventors or creators or owners to have the benefits from their works. Page No. 5 info@techcorplegal.com
  • 6. Types of Intellectual Property The intellectual property is broadly classified into seven categories:  Patent  Copyright  Trade Marks  Industrial Design  Geographical Indications  Lay out designs of integrated circuits  Protection of undisclosed information/Trade Secret according to TRIPs agreements Page No. 6 info@techcorplegal.com
  • 7. Intellectual Property related Myths Myth – 1 Patent give the right to use and practice the claimed subject matter Reality – There could exist a prior broader patent, so a patent is NOT a defense to infringement of prior patent Strategy – Timely Freedom-to-Operate and Invalidity opinions from a patent lawyer regarding third party patent rights before commencing manufacture/sale/use potentially infringing process or product Page No. 7 info@techcorplegal.com of
  • 8. Myth – 2 A worldwide patent may be filed  Must file individually / separately in each country where protection is sought Does International Patent protection exist ?  Filing before WIPO is part of IPR Strategy whereby you are increasing the time limit to enter in other countries. However, International protection is granted by WIPO. Page No. 8 info@techcorplegal.com no
  • 9. Is Intellectual Property a Business Asset? assssssssssssssssss sssssssssssssssssss Protect your Intangible Assets sssssssssnnnnnnn nnnnnnnnnnnnnn nnnnnnnnnnnnnn sssssssssccccccccc ccccccccccccccccc Succeed cc… Protect Create asssssssssssss sssssssssssssss sssssssssssssss sssssssssssscc ccccccccccccc ccccccccccccc … Page No. 9 info@techcorplegal.com
  • 10. Tech Corp Legal is a patent research and IP consulting firm that specializes in assisting law firms and global companies to use Intellectual Property as strategic business tool. Boutique Patent Attorney firm with a high reputation in numerous technologies and high-tech patents. We are reliable, knowledgeable and hands-on. Mission: To assist Fortune 100 companies develop intellectual property strategies. Differentiating Factor: All projects are evidently done by registered patent attorneys having years of experience in working under the guidance of USPTO patent attorneys. Page No. 10 info@techcorplegal.com
  • 11. Authors Rahul Dev is a Patent Attorney, Technology & Business blogger, and partner of Tech Corp Legal LLP, an International Law Firm. Read more.. Prity Khastgir is a Patent Attorney, specializing in Biotech, Food Technology & Pharmaceuticals, and partner of Tech Corp Legal LLP, an International Law Firm. Read more.. Page No. 11 info@techcorplegal.com http://research.techcorplegal.com
  • 12. Thank you Have Any Questions? Get in touch with patent attorney: info(at)techcorplegal(dot)com Page No. 12 info@techcorplegal.com http://research.techcorplegal.com