Inventors can get a temporary monopoly to use their innovations, which gives them a period of time to seek monetary benefits. A country’s innovations play a major role in determining its economic health. The economy of a country that can capture or appropriate the economic benefits from a wide variety of innovations is considered a […]
Features and benefits that come from filling your intellectual property globally. Read on to find out Intellectual property rights are defined as those rights that allow intellectual property owners alone to benefit from their inventions. When it comes to an invention, it is essential to adhere to the due procedures regarding patent, copyright or trademark […]
As an artist, it’s your duty to copyright your work to ensure that it isn’t poached/usurped by someone else A copyright is a term used in reference to the legal right provided to authors of literary and artistic works such as poets, lyricists, novelist, artists, musicians and playwrights. Under the Copyright Act of 1957, these […]
Getting a trademark registered is a much simpler process compared to other intellectual properties Trademarks identify products that belong to a specific company, and in the process, recognize the company as the owner of the product. Trademarks usually are insignias, words or symbols that represent a product and differentiates it from other products of its […]
Submitting a patent is a long, but fruitful process if your patent is approved A patent is essentially a category of intellectual property that provides its owner right to utilize their invention to their benefit, while seeking monetary gains from the same and excluding others from manufacturing, using or selling the invention. The Government of […]
The copyright process is straightforward and while not compulsory, gives you an advantage over your work Have you heard a song and loved it for the sheer brilliance of its lyrics? How about a book that stays long after you finished reading it? These creations can be protected by the individual who created them by […]
Registering for an IPR may seem a long drawn out process, but once you get the IP registered in your name, the effort will be worth it If we look at the properties of Intellectual property, they can be segregated into two main categories – tangible and intangible. Utility designs, work processes, artistic works, logo […]
A Dash of IPR in our everyday lives
There’s intellectual property behind almost every product and service we use in our everyday lives Intellectual property rights (IPR) IPR play a crucial role in our daily lives. There isn’t a product that we encounter every day that has an IP protection. Your morning cup of coffee to the air-conditioning system at work or that […]
Why Trade Secrets have become Important?
Immense investments, global competition, and other factors make stealing secrets a probability Today, companies keep critical operational and business information protected from their competitors, who could potentially use it to their advantage. The significance of trade secret protection has grown in recent times because of the high stakes involved in an increasingly competitive age. It’s a rather […]
Trade Secrets Unraveled
What is a trade secret, and what protection does it enjoy under the law? Before understanding what trade secrets are, we must first understand the role of innovation in a modern capitalist system. The benchmark/reputation/success of a company hinges on their unique product and service offering, as it differentiates it from the rest to occupy […]