This document discusses different types of patent licensing. It defines patent licensing as granting permission to a third party to use, sell, and benefit from a patented invention in exchange for royalty payments. There are several types of patent licenses: exclusive licenses grant all rights except title to one licensee; non-exclusive licenses allow a patent owner to grant rights to multiple parties; sub-licenses are granted by licensees to third parties; and cross-licenses allow an exchange of licenses between companies. The document also discusses advantages like risk transfer and access to global markets, as well as challenges like loss of control and difficulty finding licensees.
A Patent is an intellectual property right relating to inventions and is the grant of exclusive right, for limited period, provided by the Government to the patentee, in exchange of full disclosure of his invention, for excluding others, from making, using, selling, importing the patented product or process producing that product for those purposes.
WTO was born on 1st January 1995 with main objective to improve the welfare of people of member countries.
Its main function is to ensure that trade flows as smoothly, predictably & freely as possible.
Patent and its types, rights and responsibilities of patentee, filing patent applications, patent application forms and guidelines, types of patent applications.
A Patent is an intellectual property right relating to inventions and is the grant of exclusive right, for limited period, provided by the Government to the patentee, in exchange of full disclosure of his invention, for excluding others, from making, using, selling, importing the patented product or process producing that product for those purposes.
WTO was born on 1st January 1995 with main objective to improve the welfare of people of member countries.
Its main function is to ensure that trade flows as smoothly, predictably & freely as possible.
Patent and its types, rights and responsibilities of patentee, filing patent applications, patent application forms and guidelines, types of patent applications.
patent types of patent,utility patent,design patent,plant patent,expiry of patent,how to apply patent,filling form of patent,sample of patent advantages of patents to the patentee and society, patent history-india
Patent infringement is the commission of a prohibited act with respect to a patented invention without permission from the patent holder. It occurs when someone violates the patent rights an inventor has in his invention by making, using or selling the invention without the patent owner‘s permission (or if the patent has been licensed), in a way not permitted by the license.
What Does it mean?
To understand go through the whole document...
Nothing but this is basically intended to give message about the term "Patent Applications"? What they are? Benefits? Drawback? etc
compulsory licensing of patents in India how to get compulsory licensing in India, procedure, rights involved, act and sections,limitation of compulsory licensing, government rights for compulsory licensing,well good for law students
There are two main types of patents granted by the U.S. Patent Office: design patents and utility patents. Determining which type of patent applies to your invention can be crucial to receiving adequate protection for your invention. A utility patent is granted by the U.S. Patent and Trademark Office (USPTO) for inventions that produce a new and useful result. With a utility patent, an inventor is granted the right to prevent anyone else from making, selling, using or importing the invention without the inventor's consent. A utility patent may be granted to anyone who invents or discovers any new and
useful process, machine, article of manufacture, compositions of matter, or any new useful improvement thereof. A design patent may be granted to anyone who invents a new, original, and ornamental design for an article of manufacture.
Filing a Patent application is the first step towards protecting an invention. This presentation details in brief on how and where to file a patent application along with the other documentary and statutory requirements.
Patent licenses are necessary to enable the commercialization and sharing of patented technology, to avoid litigation, to enter new markets, and to access essential technology needed for innovation. They provide a mechanism for companies to collaborate, maximize the commercial potential of their inventions, and accelerate the pace of technological advancement. In this document, we discuss most common types of patent licenses.
#patentlicense #patentroyalty #patentinfringements #patentlicenses #patentroyalty #infringements #patentrolls #infringers #patentmonetization #booleanipconsulting
patent types of patent,utility patent,design patent,plant patent,expiry of patent,how to apply patent,filling form of patent,sample of patent advantages of patents to the patentee and society, patent history-india
Patent infringement is the commission of a prohibited act with respect to a patented invention without permission from the patent holder. It occurs when someone violates the patent rights an inventor has in his invention by making, using or selling the invention without the patent owner‘s permission (or if the patent has been licensed), in a way not permitted by the license.
What Does it mean?
To understand go through the whole document...
Nothing but this is basically intended to give message about the term "Patent Applications"? What they are? Benefits? Drawback? etc
compulsory licensing of patents in India how to get compulsory licensing in India, procedure, rights involved, act and sections,limitation of compulsory licensing, government rights for compulsory licensing,well good for law students
There are two main types of patents granted by the U.S. Patent Office: design patents and utility patents. Determining which type of patent applies to your invention can be crucial to receiving adequate protection for your invention. A utility patent is granted by the U.S. Patent and Trademark Office (USPTO) for inventions that produce a new and useful result. With a utility patent, an inventor is granted the right to prevent anyone else from making, selling, using or importing the invention without the inventor's consent. A utility patent may be granted to anyone who invents or discovers any new and
useful process, machine, article of manufacture, compositions of matter, or any new useful improvement thereof. A design patent may be granted to anyone who invents a new, original, and ornamental design for an article of manufacture.
Filing a Patent application is the first step towards protecting an invention. This presentation details in brief on how and where to file a patent application along with the other documentary and statutory requirements.
Patent licenses are necessary to enable the commercialization and sharing of patented technology, to avoid litigation, to enter new markets, and to access essential technology needed for innovation. They provide a mechanism for companies to collaborate, maximize the commercial potential of their inventions, and accelerate the pace of technological advancement. In this document, we discuss most common types of patent licenses.
#patentlicense #patentroyalty #patentinfringements #patentlicenses #patentroyalty #infringements #patentrolls #infringers #patentmonetization #booleanipconsulting
technology transfer documents confidentiality agreements, licensing, mous.pdfDr. Ambekar Abdul Wahid
A confidentiality agreement also called a nondisclosure agreement or NDA.
It is a legally binding contract in which a person or business promises to treat specific information as a trade secret and promises not to disclose the secret to others without proper authorization.
Licensing is one of those terms that are used quite frequently and hold high importance.
Licensing can be defined as a contract or agreement between two companies, where one company permits another company to manufacture its products under specified conditions and for a specified payment. Different types of licensing
Introduction to IP and technology licensing for technology executives by Fas ...Fas (Feisal) Mosleh
Introduction to Concepts in IP and Technology Licensing. This presentation sets out the basics of technology and IP licensing for CTOs, Engineering, Technology execs and CEOs to understand how to strategically leverage their intellectual property for the benefit if their business. The basics of technology and IP licensing also point the way to IP monetization.
ALL EYES ON RAFAH BUT WHY Explain more.pdf46adnanshahzad
All eyes on Rafah: But why?. The Rafah border crossing, a crucial point between Egypt and the Gaza Strip, often finds itself at the center of global attention. As we explore the significance of Rafah, we’ll uncover why all eyes are on Rafah and the complexities surrounding this pivotal region.
INTRODUCTION
What makes Rafah so significant that it captures global attention? The phrase ‘All eyes are on Rafah’ resonates not just with those in the region but with people worldwide who recognize its strategic, humanitarian, and political importance. In this guide, we will delve into the factors that make Rafah a focal point for international interest, examining its historical context, humanitarian challenges, and political dimensions.
A "File Trademark" is a legal term referring to the registration of a unique symbol, logo, or name used to identify and distinguish products or services. This process provides legal protection, granting exclusive rights to the trademark owner, and helps prevent unauthorized use by competitors.
Visit Now: https://www.tumblr.com/trademark-quick/751620857551634432/ensure-legal-protection-file-your-trademark-with?source=share
ASHWINI KUMAR UPADHYAY v/s Union of India.pptxshweeta209
transfer of the P.I.L filed by lawyer Ashwini Kumar Upadhyay in Delhi High Court to Supreme Court.
on the issue of UNIFORM MARRIAGE AGE of men and women.
Military Commissions details LtCol Thomas Jasper as Detailed Defense CounselThomas (Tom) Jasper
Military Commissions Trial Judiciary, Guantanamo Bay, Cuba. Notice of the Chief Defense Counsel's detailing of LtCol Thomas F. Jasper, Jr. USMC, as Detailed Defense Counsel for Abd Al Hadi Al-Iraqi on 6 August 2014 in the case of United States v. Hadi al Iraqi (10026)
NATURE, ORIGIN AND DEVELOPMENT OF INTERNATIONAL LAW.pptxanvithaav
These slides helps the student of international law to understand what is the nature of international law? and how international law was originated and developed?.
The slides was well structured along with the highlighted points for better understanding .
Introducing New Government Regulation on Toll Road.pdfAHRP Law Firm
For nearly two decades, Government Regulation Number 15 of 2005 on Toll Roads ("GR No. 15/2005") has served as the cornerstone of toll road legislation. However, with the emergence of various new developments and legal requirements, the Government has enacted Government Regulation Number 23 of 2024 on Toll Roads to replace GR No. 15/2005. This new regulation introduces several provisions impacting toll business entities and toll road users. Find out more out insights about this topic in our Legal Brief publication.
WINDING UP of COMPANY, Modes of DissolutionKHURRAMWALI
Winding up, also known as liquidation, refers to the legal and financial process of dissolving a company. It involves ceasing operations, selling assets, settling debts, and ultimately removing the company from the official business registry.
Here's a breakdown of the key aspects of winding up:
Reasons for Winding Up:
Insolvency: This is the most common reason, where the company cannot pay its debts. Creditors may initiate a compulsory winding up to recover their dues.
Voluntary Closure: The owners may decide to close the company due to reasons like reaching business goals, facing losses, or merging with another company.
Deadlock: If shareholders or directors cannot agree on how to run the company, a court may order a winding up.
Types of Winding Up:
Voluntary Winding Up: This is initiated by the company's shareholders through a resolution passed by a majority vote. There are two main types:
Members' Voluntary Winding Up: The company is solvent (has enough assets to pay off its debts) and shareholders will receive any remaining assets after debts are settled.
Creditors' Voluntary Winding Up: The company is insolvent and creditors will be prioritized in receiving payment from the sale of assets.
Compulsory Winding Up: This is initiated by a court order, typically at the request of creditors, government agencies, or even by the company itself if it's insolvent.
Process of Winding Up:
Appointment of Liquidator: A qualified professional is appointed to oversee the winding-up process. They are responsible for selling assets, paying off debts, and distributing any remaining funds.
Cease Trading: The company stops its regular business operations.
Notification of Creditors: Creditors are informed about the winding up and invited to submit their claims.
Sale of Assets: The company's assets are sold to generate cash to pay off creditors.
Payment of Debts: Creditors are paid according to a set order of priority, with secured creditors receiving payment before unsecured creditors.
Distribution to Shareholders: If there are any remaining funds after all debts are settled, they are distributed to shareholders according to their ownership stake.
Dissolution: Once all claims are settled and distributions made, the company is officially dissolved and removed from the business register.
Impact of Winding Up:
Employees: Employees will likely lose their jobs during the winding-up process.
Creditors: Creditors may not recover their debts in full, especially if the company is insolvent.
Shareholders: Shareholders may not receive any payout if the company's debts exceed its assets.
Winding up is a complex legal and financial process that can have significant consequences for all parties involved. It's important to seek professional legal and financial advice when considering winding up a company.
Responsibilities of the office bearers while registering multi-state cooperat...Finlaw Consultancy Pvt Ltd
Introduction-
The process of register multi-state cooperative society in India is governed by the Multi-State Co-operative Societies Act, 2002. This process requires the office bearers to undertake several crucial responsibilities to ensure compliance with legal and regulatory frameworks. The key office bearers typically include the President, Secretary, and Treasurer, along with other elected members of the managing committee. Their responsibilities encompass administrative, legal, and financial duties essential for the successful registration and operation of the society.
In 2020, the Ministry of Home Affairs established a committee led by Prof. (Dr.) Ranbir Singh, former Vice Chancellor of National Law University (NLU), Delhi. This committee was tasked with reviewing the three codes of criminal law. The primary objective of the committee was to propose comprehensive reforms to the country’s criminal laws in a manner that is both principled and effective.
The committee’s focus was on ensuring the safety and security of individuals, communities, and the nation as a whole. Throughout its deliberations, the committee aimed to uphold constitutional values such as justice, dignity, and the intrinsic value of each individual. Their goal was to recommend amendments to the criminal laws that align with these values and priorities.
Subsequently, in February, the committee successfully submitted its recommendations regarding amendments to the criminal law. These recommendations are intended to serve as a foundation for enhancing the current legal framework, promoting safety and security, and upholding the constitutional principles of justice, dignity, and the inherent worth of every individual.
2. Patent is an exclusive right granted for an
invention, which is either a product or a process,
and offers a new way of doing a work or provides
with a new technical solution to an existing
problem
3. Patent Licensing is an act of or a process of granting, to a
third party, permissions to extricate benefits by selling and
using the licensed product. The patent owner gives license
to a third person to use, sell and extract benefits from his
patented invention, for an amount already decided as
royalty.
4. As per Section 68 of the Patent Act, 1970, for a patent
license to be valid, the agreement must be in writing.
In PVR Pictures Ltd. v. Studio - (2009) 41 PTC 70] case,
Delhi HC held that term sheet agreement (Term Sheet is
the initial basis for a license the intellectual property
rights specified below, and sets forth the primary
licensing terms as agreed upon by the undersigned parties)
shall not amount to a license agreement.
5. TRANSFER OF RISKS -
Manufacturing and production of a design or products have a lot many
risks involved. With patent licensing the patent owner can transfer such
risks involved in production of patent design or product to the licensee.
GLOBAL MARKET -
It becomes difficult for many companies to have a mass production of a
product individually. Patent licensing comes to an aid to overcome this
difficulty as it permits other organizations to produce the patent products
and thereby help in mass production. Patent licensing thus can help in
introducing ones invention in the global market.
6. LIMITED PERIOD -
Because patent licensing is done for a limited period, the owner gets back
his exclusive rights over his invention as and when the license duration
expires.
COMPETITIVE ADVANTAGE -
If the patent is licensed to an already established organisation with a large
customer base, the patent product will have a larger market to capture in
comparison to other patents, giving it a competitive edge over other
patents.
7. DIFFICULTY IN DETERMINING LICENSEE –
It takes lots of efforts and time to determine the appropriate licensee for the
invention. It is essential to get a potential licensee and have a structured
agreement in order to have the greatest chances of success.
LOSS OF CONTROL -
For the period of license, the patent owner transfers his rights to the
licensee. Result of which is he loses his own control, either partially or
fully, on his own invention.
8. RISK OF LICENSEE'S ABILITY -
The patent owner relies on the efficiency and abilities of the licensee to
effectively commercialize the patent product. The risk of poor strategy and
quality management can adversely affect the patent reputation and success.
9. EXCLUSIVE LICENSE
An exclusive license is one in which all the rights of the patent is
transferred to the licensee, except the title. In such case, the licensee has all
the rights as of the patent owner except of transferring the patent to another
person. In this type of license, the chances of the patent getting infringed is
minimal as the rights are less being exploited and the licensee has the
monopoly over the market.
10. NON-EXCLUSIVE LICENSE
In a non-exclusive right, the licensee has the right to sell and make the
patented design, but such right is not exclusive. Patent owner may grant
permission to use and make such patented design to any other person also.
In this case, all of them have the right to make, use and sell the patented
design. The rights enshrined by this license is not exclusive to a particular
licensee.
SUB-LICENSE
It is a type if license issued by the licensee to different organizations to
make the products. Sublicense can be said to be granting of certain licensed
rights on a product to a third party by the licensee.
11. CROSS LICENSE
When a product requires support of some other product to make its place in
the market and for better utilization, cross license is preferred. Cross
license can be understood as exchange of license between different
organizations and individuals. Recently, Ericsson and Oppo entered into a
cross license agreement between them covering various patent portfolios of
both the companies including portfolios of 2G, 3G and 4G.
12. COMPULSORY LICENSE
When the government grants permission to any individuals or
organizations to use, sell or make a patented design or product, irrespective
of the will of the patent owner, for the public good, it is referred to as
compulsory license. Compulsory license is usually seen being granted in
the pharmaceutical products and the products which fulfils the criteria as
mentioned in Section 84 (a failure to meet reasonable public requirements;
the inaccessibility of the patented invention at a reasonably affordable price
to the public; (or) the non-working of the patented invention in India) of
the Patents Act, 1970. The first compulsory license, in India, was given
to Natco Pharma Ltd. for producing generic version of Nexavar which
was a patented medicine of Bayer Corporation, on March 9, 2012.