Money and time are the most precious resources for
any business. But, innovation is the ultimate revenue generator, for small
business in particular. However, innovation if not protected is likely to impact
the same company in a negative way!!
You could be sitting on ideas worth millions of
dollars!
Your products and ideas might be duplicated because
you have not protected them!
Your designs might be stolen because they are not
guarded by any law!
What is the point of having an incredible idea if
it could be stolen?
The reluctance of businesses to protect their
innovation is costing them a fortune!!
The biggest threat to your business in not competition but lack of Intellectual Property awareness!!
In today's competitive world, innovation is a key factor
that leads to generation of intellectual property in any business. Promoting innovation
in business provides a competitive advantage and improves the sustainability of
the business.
In early stages filing and receiving Intellectual Property
Rights (IPR) may be challenging and expensive but if implemented in an organized
way boosts the business of the company. Commercialization of patents, branding
and marketing, licensing know how play a vital role in determining the success
of an IPR.
What is Intellectual Property?
Intellectual property (IP) is an intangible
creation of the human mind, usually expressed or translated into a tangible
form that is assigned certain rights of property. Examples of intellectual
property include an author's copyright on a book or article, a distinctive logo
design representing a soft drink company and its products, unique design
elements of a web site, or a patent on the process to manufacture chewing gum. IP
refers to creations of the mind: inventions, literary and artistic works, and
symbols, names, images, and designs used in commerce.
What are Intellectual Property Rights?
Intellectual
property rights (IPR) can be defined as the rights given to people over the
creation of their minds. They usually give the creator an exclusive right over
the use of his/her creations for a certain period of time.
What
is a Copyright?
Copyright is the set of exclusive rights granted to
the author or creator of an original work, including the right to copy,
distribute and adapt the work. Copyright lasts for a certain time period after
which the work is said to enter the public domain. Copyright gives protection
for the expression of an idea and not for the idea itself.
What is a Patent?
Patent is a grant for an invention by the
Government to the inventor in exchange for full disclosure of the invention. A
patent is an exclusive right granted by law to applicants / assignees to make
use of and exploit their inventions for a limited period of time (generally 20
years from filing).
What is a Trademark?
A trade mark (popularly known as brand name) in
layman’s language is a visual symbol which may be a word signature, name,
device, label, numerals or combination of colours used by one undertaking on
goods or services or other articles of commerce to distinguish it from other similar
goods or services originating from a different undertaking.
What is an Industrial Design?
A Design refers to the features of shape,
configuration, pattern, ornamentation or composition of lines or colours
applied to any article, whether in two or three dimensional (or both) forms.
This may be applied by any industrial process or means (manual, mechanical or
chemical) separately or by a combined process, which in the finished article
appeals to and judged solely by the eye.
What is a Geographical Indication?
Geographical Indications of Goods are defined as
that aspect of industrial property which refers to the geographical indication
referring to a country or to a place situated therein as being the country or
place of origin of that product.
File your IPR today and protect your
innovation!!
For more details
regarding filing process, Contact:
Dr. Surya Mani Tripathi
Manager – Tech Transfer & Compliance
Email: S.Tripathi@cgiar.org; Telephone: +91(0) 40- 3071 3390,
Mob-+91-8008123544
Fax: +91(0) 40- 3071 3074/75
Reference for definitions: Handbook on
Intellectual Property Rights in India by Rajkumar S. Adukia
