A presentation on Intellectual Property Rights and Global trends
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2. Session Objectives
“Intangibility” of IPRs
IP and global competitive advantage
Effective technology transfer
3. IPRs – General Bases
Economic (and technological) rationale
– aids overall development
Social benefits – enriches the Public
Domain and Basic Research
Legal monopoly – towards fair regulation
within the territory
4. The “Intangibles”
Goodwill, reputation and Consumer perception
Scientific, industrial and literary acclaim
Brand value and intuitive know-how
Stronger assets – immediate and durable
Traditional usage and “prominence” enjoyed
Each form of IPR leads into the other!
5. Pressures of Enforcement
IPRs and Global recognition
IPRs are territorial in nature
WTO and TRIPs
National systems (and interests) continue to
preside
IPRs = fiercely competitive usage;
justifies criminal remedies too –
Copyrights and TMs violations
6. Global Collaboration
Typically of three types:
Captive entity – wholly owned subsidiary – IP is
usually fully owned by Parent
Joint venture – a new combined company – IP is
based on the Shareholding Agreement
○ BOT/BOOT/BOOST Model – involves transition risks
Contracting – with a local entity – enforcement with
due diligence – e.g., Confidentiality; Parent-subsidiary
relations
Determining factors = cost, commitment,
control, flexibility and liability models
7. Legalese of Tech Transfer
“Technology” = wide ambit including
operational know-how
Mutuality, Exclusivity, and Adaptability
Mode = licensing based on contracts
JVs; Tech assistance; Project Management;
PPPs; Public-funded research
Defined outcomes = products and trade
Fine balancing strategy required – between
being restrictive and allowing direct competition