This post was published on September 15, 2014.
We hear a lot about technology transfer these days, particularly with Prime Minister Modi’s recent visits to Japan, with whom India is negotiating collaboration opportunities in the area of infrastructure, defense and energy. Technology transfer refers to the transfer, assignment or licensing of various forms of Intellectual Property developed by one person, organization, university or even a country to another. The reason for transfer is to promote public good through the development of…
This post was first published on 25th July, 2013.
Public Funded Research Institutions and educational institutions in India have begun to realise the importance of commercialising their Intellectual Property, a phenomenon that was long overdue. While a large number of these institutions are yet to be woken up to the trend, those that have tasted success are willing to explore further in order to push their returns northwards.
Commercialising intellectual properties of research institutions has obvious benefits:
when returns…
This post was first published on March 14th, 2013.
Contrary to popular belief in India, Intellectual Property (IP) is neither a boon nor a curse for small and medium enterprises (SMEs). Just like other business tools, it is a tool that can provide business and competitive advantage, provided an SME wishes to gain such an advantage. The wish must obviously be backed by appropriate steps in the right direction, in the light of the SMEs business goals. While the overarching objective…
First Publication Date: 5th October 2010
Open source has today become a necessity for most businesses. It is estimated that 99 percent of all companies using software use at least one open source component. The business value added by open source products makes them inevitable for every company. In addition to software, open source has today expanded its tentacles to many areas from open text books to open drug discovery and is fast spreading to other areas.No business shift happens…
First Publication Date: 4th October 2010
Technology Development Board (TDB) mandates to provide financial assistance to the industrial concerns and other agencies attempting development and commercial application of indigenous technology or adapting imported technology for wider domestic application.
TDB was established as per the provisions of Technology Development Board Act, 1995 by Government of India through Department of Science and Technology. The funds collected by the TDB are through industrial concerns under the provisions of the Research and Development Cess Act, 1986,…
This post was first published on March 26, 2010.
An Intellectual Property (IP) Policy setting out the IP goals of a company in the light of its business goals plays a very important role in enabling the company to acquire competitive advantage from its IP. The IP Policy must lay down the framework in light of the company's IP strategy. Most IP policies cover aspects such as generation, protection, ownership, utilization, management, and commercialization of IP. They also include…
The following presentation titled "Guidelines for IP Commercialization", was delivered on 15th February 2017 by Mr. Sanjeeth Hegde, (Sr. Partner, BIP Counsels) at the National Law School of India University, Bangalore. The presentation was delivered as part of a Symposium on COMMERCIALIZATION OF INTELLECTUAL PROPERTY RIGHTS – “with focus on Patents” organized by the Centre for IP Research and Advocacy, NLSIU headed by Professor Ramakrishna, a well known IP Professor and Advisor. The Symposium was attended by some of the country's leading IP experts, Government officials,…
This weekly update on patents is brought to you by the Patent experts of BananaIP (BIP) Counsels. In this weeks patent news and updates we bring to you a Landmark case in patents, latest stats from the patent & designs office, an interesting patent granted to Amazon and much more. Happy reading!
Patent thought of the week:
"Grant is the beginning of the Patent Game, not its end." - Dr. Kalyan C. Kankanala
Patent Stats:
Patent applications published by the Indian…
We all know that Intellectual property is intangible in nature. Why then do so many people value Intellectual Property? especially business oriented companies and individuals. This post attempts to answers this simple question.
Intellectual property is actually the tangible expressions of ideas such as inventions literary and artistic works, designs and symbols, names and images used in commerce. The first step in protecting the IP is to identify that what kind of IP one has and the next step is to evaluate such…
Intellectual Property (IP) plays a very important role in providing competitive and business advantage to a company. In order to maximize competitive advantage, a company must make the best and most of its intellectual assets. The owner of any Intellectual Property can procure financial rewards for its use. This is because like tangible property, if ownership of an IP can be clearly established, the IP could be sold, leased, licensed, assigned or mortgaged.
IP and Money have always been related…