Intellectual ownership is important because there are a lot out there who will make use of it and claim it if you do not do so. This is the reason why there are copyrights, patents and invention registration.
It is the same for all countries; the rule of ownership is the same for all. If you have an invention or an idea that you want tied to your name legally so nobody can use or claim its ownership, well you got to do it the legal way and have it patented.
In the case of a patent, the rules of patentability are laid down in law, and certain discoveries are exempted from the process. These exemptions include items already existing in nature, scientific theories, and some diagnostic methods.
Every Country has different law for patent registration. The law governing Patent registration in India is Patent Act, 1970. Patent registration can be filed either alone or jointly with a partner or by legal representative of a deceased inventor.
The term of patent has been enlarged to twenty years for existing patents and patents granted on pending applications. This term is calculated from the date of filing of the application.
This can be particularly useful if there are any concerns over infringing activities noted during the International phase of the PCT or, as is quite common, if investment in the invention is dependent upon grant of the first patent anywhere in the world.
The processing of patent registration purposes to give full rights related to your invention to avoid from others' claim. Everyone will know that the discovery is yours and legally infringe someone who violates it.
Often a person or a company will develop a product which is a variation on a core theme. The core theme may well be inventive in its own right and thus could well be patented.
Modern methods of filing of applications have also significantly contributed to this boost. The PTO allows trademark applications to be filed electronically at a reduced rate.
Suppose you have a business plan that you’re absolutely convinced is going to take off. So now you have designed a trademark that you plan on using to promote your company and market its products.
Trademarks are a sort of signature used by different companies on their products. They are used by companies in order to eliminate confusion when people are buying certain products.
So when you think you have an invention or an idea that you think is worth anything, check out the policy on Statutory Invention Registration.
Patents represent one of the powerful intellectual property right. The registration of a patent confers on the patentee the exclusive right to use, manufacture or sell his invention for the term of the patent.
There are people who regretted not having their inventions patented and registered. Somebody beat them to it. Even if they contest it in court, if they do not have the proper documents, they will lose
The patent is more restricting than the statutory invention registration but if your goal is to share it to the world then what you can do is just settle for the latter option.
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