This guest post has been authored by Sherry Shukla, a 2nd year B.A.LL.B. (Hons.) student at National Law University, Nagpur and Arpit Lahoti, 3rd year B.A.LL.B. (Hons.) student at National Law University, Nagpur.
Any new product created, i.e., the information in its pure form, is a form of a public good, making it both non-excludable and non-rivalrous. Copyright allows the producer to internalize more of the benefits incurred of the formation of the work, i.e., and it makes internalization of work’s…
Last year in the month of December 2015, we ran a month long series acknowledging and appreciating some of the best IP blogs across the world. The blogs that were featured in the series called "World's Best IP Blogs" were primarily those blogs who have made and continue to make constant efforts in keeping us all abreast with the latest IP news, information and updates. While all of the blogs featured during the series are the best of the lot, this post…
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…