IPR laws and justification
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Transcript of IPR laws and justification
8/7/2019 IPR laws and justification
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RELATIONAL TO IPR
1. RAVINDRA SHRIMALI (10mba00056)
2. RESHMA SHEIKH (10mba00057)
3. SUMIT GANWAL (10mba00058)
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Paradigm shifts in global economy & IPR sector
Factors Before Now
Sources For Added Value
Land, labour,Capital
K nowledge,information
ain Character Hardware-based
Analog Age
Software ± based
Digital Age
Production
Strategy
Mass production-
limited variety
Small production-
Multiple products
Development
Principle
Economy of scale Economy of speed
¡
IPR emerged as vital source of wealth and
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Technical Value
Competitive Value
Economic Value
Tool for Economic Advancement
IPRs as Barriers to Free Trade
Evolution in Development of IPR Values
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IP Creation Cycle And IP activityIP Creation Cycle And IP activityIP CreationIP Creation
(R&D)(R&D)
IP LiaisonIP LiaisonIP LicensingIP Licensing
IP ProtectionIP Protection
(Patents)(Patents)
IP reationIP reation
ycleycle
Phoenix Activity : Acquisition of right that can be used effectively
Eagle Activity : Effective use of acquired Right
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Objectives of IPR ProtectionObjectives of IPR Protection
y Recognition
y Reward
y Establishment of Supremacy in the field of
protection
y Capital creation & protection of knowledge
y Earning tangible profits
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Patents - Manufacturing
Techniques ValueTrademarks - Quality and Goodwill
Designs - Aesthetic Value
Geographical - Commodity value
Indications
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Subject matterNew and useful product or process
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Subject matter
New or original industrial designs
Exceptions
Except Designs dictated essentially by
technical or functional considerations
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Ex
am
ples of Designs
Swiss multi purposeknife
Designers chair
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Subject matter
Devices or logos
Names Godrej
Numerals - 555
Words - APPLE
or combinations thereof
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Well known Trade MarksCoca Cola for softdrink
Toblerone Triangular
shaped chocolates
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Possible Indian Geographical
I
ndications
Kolhapuri Chappals
Kanjeevaram Sarees
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Future Mile stones
y World Class IT enabled and users friendly IPR Offices
y Development of Dynamic Website
y
All digitized records of patents ,designs and trademarks to be placed on Website in searchable form forpublic
y Improving the searching facilities by subscribing toprivate database such as Derwent.Questle, CASIS etc.
y To operationalise the IP Administration from newly constructed integrated IP Building
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continued
y Issue of First Examination Report within one month
from the date of filing of the requesty Re-engineering of work process to reduce the time for
grant of patent
y To develop corporate plan to bring the transparency in
the patent system