2. INTELLECTUAL PROPERTY
A right that is had by a person or by a company
to have exclusive rights to use its own plans,
ideas, or other intangible assets without the
worry of competition, at least for a specific period
of time.
“It is a term referring to a number of
distinct types of creations of the mind
for which property rights are
recognized.”
INTELLECTUAL PROPERTY RIGHTS:
3. Your IP rights can:
• Set your business apart from competitors
• Be sold or licensed, providing an important revenue stream
• Offer customers something new and different
• Form an essential part of your marketing or branding
• Be used as security for loans
• Protect your creation against infringement by others (i.e. to stop
others using, making, selling or importing it without your permission)
IMPORTANCE OF IPR
5. Front View
Back / Rear View
Left side / Oblique View
Right side / Oblique View
Top View
Bottom View
Isometric/ Perspective View
TYPICAL VIEWS
INDUSTRIAL DESIGN: Shape, Aesthetic features,
Configuration, Surface pattern of an Article.
6. TRADEMARK™
A trademark is a distinctive sign or indicator used by an
individual, business organization, or other legal entity to
identify that the products or services to consumers with
which the trademark appears originate from a unique
source, and to distinguish its products or services from
those of other entities.
7. GEOGRAPHICAL INDICATION:
• A geographical indication (GI) is a name or sign used on
certain products which corresponds to a specific
geographical location or origin (e.g. a town, region, or
country).
9. PATENT
An exclusive right granted by a
government to an inventor to
prevent others from making,
selling or using a new product or
a new process.
TERM OF THE PATENT : 20 YEARS
PATENTS ARE TERRITORIAL
10. WHAT ARE NOT INVENTIONS
The mere discovery of a new form of known substance
Or
Mere discovery new property or new use of a known substance
A substance obtained by a mere admixture resulting only in the
aggregation of the properties of the components thereof or a
process for producing such substance
Any process for the medicinal, surgical, curative, prophylactic or
other treatment of human beings
Traditional knowledge
I] PHARMA-RELATED
11. Which claims anything contrary to natural law
A method of agriculture or horticulture
Topography of integrated circuits
A presentation of information
A mathematical or business method or a computer program
A literary, dramatic, musical or artistic work
Method of playing games
The mere discovery of a scientific principle or the
formulation of an abstract theory
II] Other
12. ADVANTAGES OF PATENT
A patent gives you the right to stop others from copying,
manufacturing, selling or importing your invention without your
permission.
You get protection for a pre-determined period, allowing you to keep
competitors at bay.
You can then use your invention yourself.
Alternatively, you can license your patent for others to use it, or sell it,
as with any asset. This can provide an important source of revenue for
your business. Indeed, some businesses exist solely to collect the
royalties from a patent they have licensed - perhaps in combination
with a registered design and trade mark.