2. Intellectual property & economic
property
• The term “Intellectual Property” has come to be
internationally recognized as covering patents, industrial
designs, copyright, trademarks, know-how and confidential
information . Patents designs and trademarks used to be
considered as different kinds of ‘industrial property’. But when
copyright and confidential information were included the term
‘intellectual property’, though a little high sounding , is more
appropriate description for this class of property. Although the
creation of a trade mark has very little to do with intellectual
creativity it cannot be doubled that patents, designs and
creativity activity in the field of applied arts or technology and
fine arts.
3. International character of
IPR
• Trade-related aspects of intellectual property rights
• Free essay on intellectual property
• Essay on the importance of intellectual property
• 5 Important Types of Property Rights Covered by TRIPS under Intellectual Properties
• Essay on the rights and remedies against infringement (Intellectual property)
• The basic principles of intellectual property - Essay
• The advantages of intellectual property rights - Essay
• Concept of intellectual property (Origin and developments)
• The current developments of intellectual property in India
• Short essay on the nature of intellectual property in India
• Trade-Related Aspects of Intellectual Property Rights (TRIPS)– Essay
• Essay on Intellectual Property Rights
• Essay on the World Intellectual Property Organisation
• Product of brain (Intellectual Property Rights) and its prospects in India - Essay
• Short essay on intellectual property right
• Industrial designs are an element of intellectual property
4. Introduction of patent
• The patent act 1970 as amended and the
patent rules indicate the procedure to be
followed for obtaining patent for an invention
in India also should meet the requirements of
the standards.
DEFINITION
It is the right of a person and a institute to
get an exclusive access towards their products
or creation.
5. PATENT PROCEDURE
• Steps to get a patent
1. Filing of application
2. Filing of complete after provisional
3. Preliminary scrutiny of the document
4. Publication
5. Early publication on specific request
6. Examination and early examination
7. Opposition to the grant (pre grant opposition & post grant
opposition)
8. Grant and sealing of patent
9. Submission of typed copy of the specification
10. Publication of official journal
6. Objective of patent
• Promote innovation via the reward granted to the inventor
• Promote technology diffusion via publication and access to
• patents documents
• Promote international transfer of technology via
• international filings
• Promote transfer of technology via contractual mechanisms
• Promote wealth creation via the economic value of
• exclusive rights
• Promote competition via innovations behaviors
• Promote access to technology via public domain
7. The value of patents
• The first values the patent portfolio held by a firm using a
regression of firm market value on various firm
characteristics (tangible assets, R&D spending, etc.) and
including a measure of the patents owned by a firm,
possibly weighted by the citations they have received.
• The second values a single patent using two very
different methodologies: either by observing the owner’s
willingness to pay renewal fees on the patent or by
surveying its owner or inventor and attempting to elicit an
estimate of its value.