A patent attorney’s job includes tracking and managing deadlines and schedules for each patent case that he or she handles. Every Indian patent has at least ten (10) deadlines on average, and a patent attorney managing a portfolio of one hundred patents must keep track of at least one thousand dates. Read More Continue Reading Can you revive abandoned/lapsed patents and patent applications in India?
One of the critical parts of a patent attorney’s work is the management of timelines and deadlines relating to patent files being handled by her/him. On an average, each patent file in India has at least ten (10) deadlines, and if a patent attorney has a portfolio of 100 patents, she/he is looking at at least 1000 dates to track. Read More Continue Reading Role of ‘Intent’ in Reviving lost Patents and Patent Applications in India
First Publication Date: 21st December 2018
Most technology and engineering companies perceive development of a good portfolio of patents as a key function that enables them to differentiate themselves from their competition, and maintain strategic advantage in their business. Companies adopt various patent generation, protection and management strategies to develop a portfolio of patents. Strategies used by companies for generation of IP include, identifying inventions generated within the company, tying up with universities to generate IP, and acquiring third party IP.
Acquiring…
Adopting good house keeping practices is a prerequisite to efficient management of patents. To avoid costly mistakes while prosecuting and maintaining patents, it is necessary to have an organized, yet simple systems for file management and docketing. Being jurisdictional in nature, seeking protection for every invention involves filing and managing multiple patents in multiple countries. Furthermore, most patent strategies adopted by companies to manage the lifecycle of their product involve filing multiple patents covering different aspects of the same invention…
Our previous post in this series discussed the value Intellectual Property brings to business and why managing the life cycle of IP systematically and efficiently becomes imperative. However, efficient management of the IP life cycle comes with its share of challenges that need to be addressed continuously and consistently to ensure smooth prosecution life of the IP. Today’s post is aimed at discussing some of the challenges professionals in IP face while managing IP portfolios.
Challenges with respect to timelines…
Working of patents is an integral element of the Indian patent system. In line with the primary objective of patent law, which is to promote the progress of science and technology for public good and economic progress, Indian patent Act specifically mandates working of patents in India. Failing such working, a compulsory license may be granted with respect to a patent , or in the worst case scenario, the patent may be revoked. (See CHAPTER XVI-
WORKING OF PATENTS,COMPULSORY LICENCES AND…