Institute of Intellectual Property Research & Development Presentation on Intellectual Property as a Low Investment Growth Mantra Vinod Khurana, Director, IIPRD 19’th June’08
Agenda
Introduction to Intellectual Property
Scope of Software Patents in Indian Patent System
Scope of growth for Corporates through IP
Background of the Institute & In-house Law Firm
Services Offered by the Institute along with Law Firm
Introduction to Intellectual Property
Intellectual Property Rights (IPR) is a collection of rights that are granted for any mental work or creation that involves intellectual inputs.
These rights are granted for stipulated period of time giving the owner monopoly in the technology
Intellectual Property Profile, specially in India, has undergone sweeping changes in the past. Intellectual Property has now become a core area for the growth of any corporate.
With the growth in International trade and globalization of economic activities, the scope and definition of Intellectual Property is expanding internationally.
Indian Patent Act, 1970
Some Post 2005 Definitions
Sec. 2(j) Invention
Any new product or process
Involves an Inventive Step
Capable of Industrial Application
Sec. 2(ja) Inventive Step-Feature involving
Technical advancement; or
Economic significance; or
Combination of above
and makes it non obvious to a person skilled in the art
Software Patents in India
Section 3(k): An invention pertaining to a mathematical or business model or a computer programme per se is not patentable.
What makes a software invention patentable in India
Inventions showing technical effect
Giving a tangible result
Incorporating and/or impacting hardware elements
Should have a specific limitation
Improving properties of hardware elements (increasing processor speed, decreasing processing time, lower memory utilization)
Examples of what applications are protectable:
Embedded Systems
Firmware based application
Applications impacting hardware element (s) in a technical manner
Scope of Copyrights in Software Domain
Copyrights are given only for particular expression of an idea and not the idea itself.
Copyrights can prevent copying of the code having a set of instructions.
Software copyright can protect:
Set of instructions
Tables, Compilations including computer databases
by simply recording the program on a tangible medium such as ROM, Magnetic tape, Diskette
Requirements for Registration of Copyright office
Application on Form IV
Portions of the software (Specially the first and last few pages)
Sum of Rs. 10 per work of protection
Copyright vs. Patents
Disadvantages of a protecting Software as a Copyright
Prevents only direct copying not different embodiments of carrying out the same methods and systems.
Independent recreation of the set of instruction does not constitute infringement.
Patents are much more effective in preventing infringement and gaining monopoly for the software system and/or method.
Disadvantages of protecting Software as Patent
Higher costs involved and long prosecution time
May get tough to attain in some designated countries
In spite of higher costs involved, it is highly recommended to get the software patented to ensure that all implementation and embodiments of the invention is secured from infringement.
Legal Focus Areas
Patents
Patent Application Preparation
Worldwide Patent Filing, registration, and renewal
Patent Valuation, Licensing, and Commercialization
IP Audit and Due-Diligence
Litigation Support
IP Cell Creation And Intellectual Property Manual Development
IIPRD Alliances
International Alliances
European Patent Office
D Young & Co.
Fulbright & Jaworski LLP
CRA International, Inc.
Ladas & Parry
Sughrue Mion, PLLC
Henkel, Feiler & Hanzel..among others
Indian Alliances
Technology Information Forecasting & Assessment Council
Council of Scientific & Industrial Research
Key Differentiators
End-to-End IP Services
High Level of Client Orientation
High Level of Technical and Legal Expertise of the Team (Team Selected from Premier Colleges in India)
Team of Patent Attorneys/Agents having strong credentials and expertise in Pharmaceutical, Chemical, Biotechnology, Software, Electronics & Telecommunications, and Mechanical domains
Highly qualified team of CA’s for conducting IP Valuation and IP Audit Exercises
Executive Director
Mr. Vinod Khurana
Vinod Khurana has been in the field of Business Legal Finance for the last 35 years. Khurana started his practice in Intellectual Property, with focus on Protection and Commercialization of Intellectual Property in late nineties. He has been researching and educating on fighting thefts and frauds of intellectual Properties and white-collar crimes, by practicing a mix of Law, Intellectual Property, Accounting, Ethics and Criminology coupled with his professional qualification being a B.Com, PGDFA, LLB, MBA, AICWA, CFA among other specialization qualifications in Investigation and Commercialization of Intellectual Property.
Vinod Khurana is also the Executive Director of the Institute of Intellectual Property Research & Development. Mr. Khurana has been speaking on IP Valuation, Due Diligence and Theft of Intellectual Property at various Industrial Forums, National and International Seminars. Khurana has also undertaken various dedicated Workshops and Seminars for well established corporates such as Wockhardt, Indian Oil Corporation, ITC, TVS Group, CSIR, among many others. Department of Economic Affair, Ministry of Finance, Government of India has also empanelled him for appointment as Special Director on the Board of Sick Industrial Companies.
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