With the increasing awareness of intellectual property among the MSMEs, startups and businesses in India, the proper valuation framework for intellectual property is required. This is necessary to facilitate IP financing, making space for newer and progressive financial instruments. The Department of Promotion of Industry and Internal Trade (DPIIT) is eyeing to devise a system […]
Category: Blog
The Trend Of Patent Registration in Booming Health-Tech Industry: Post-Covid 19 Era
According to information from the 2021–22 IP India Annual Report, 66,440 applications were filed in India, which is 7,937 more than were submitted the previous year (58,503). The Minister of Commerce last year praised the DPIIT for “strengthening” the IP regime and “fostering innovation” and noted the trend of rising patent applications and eventual grants.
Famous Brands That Faced IPR Issues in India During the First Half Of 2023
While 2023 is being an influential year for the intellectual property rights in India, such as a surge in trademark registration and patent registration and initiatives to improve and speed up the examination procedure and it has been a challenging year even for the top IPR lawyers in India, as several well-known brands approached the Court with trademark infringement claims.
AI in IP: Combating The Grey Areas
In the present world, one must proactively protect the company’s IP. This can be begun by researching the different types of IP protection available, such as patents, trademarks, and copyrights, or you may also consult with the IPR lawyers to ensure that the company’s IP is protected in every manner.
Is 2023 Going To Prove Itself a Significant Year For Patents in India
The budget 2023-2024 allocated INR 281.60 crores for the IP ecosystem, covering the copyright office and Controller General of Patents, Designs and Trade Marks. The 15% enhancement in funds is allocated to further nourish the Intellectual Property Rights Policy Management, Intellectual Property Appellate Board (IPAB) and infrastructure development in Controller General of Patents, Designs and Trade Marks.
After 50 Years Of Planning, The European Unitary Patent Is Finally Implemented
The newly introduced unitary patent system in European Union is making the headlines, raising debates and several questions.
Before proceeding with the analytical perspective, let’s understand how the unitary patent system is affecting the intellectual property ecosystem in the EU.
Business Through Metaverse: Reality Of Trademarks In Virtual World
The “Metaverse” has emerged as one of the most fiercely debated technological developments in the post-covid age. To connect with a younger, tech-savvy consumer base, more and more firms are deciding to debut their products and advertise them electronically through the Metaverse.
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