World IP Events
Numerous organizations, including IP offices, law firms, private businesses, students, and others, arrange hundreds of events annually to honor creators and innovators and spread awareness of the intellectual property system and the rights that go along with it. Events celebrating World Intellectual Property Day offer a chance to examine many facets of the intellectual property system and how entrepreneurs, artists, and enterprises may use it to enhance the value of their originality and creativity. It is also a chance to highlight how the IP system aids in all people's economic, social, and cultural growth.
Types of Patents
A patent is a license that gives the owner the exclusive right or title, for a limited or definite period, to exclude others from making, using or selling the invention, which constitutes patent infringement. In India, the law governing patents is the Patents Act, of 1970. The main motivation behind the passage of patent law is to encourage people to develop new ideas in their fields by giving them exclusive rights.
IPR seems to be a modern discovery but in actuality, it has been since civilization. IPR is an old invention. The architect and engineer Filippo Brunelleschi received the earliest known patent for an industrial invention in Florence in 1421. The patent granted him a three-year monopoly on the production of a marble-transporting barge with hoisting equipment
How Inventors & Start up owners can tackle Patent Infringement?
You invented a house that can be converted into a tent-like small shape, took it around anywhere in the world, added some unique features, and got it patented. You are enjoying exclusive rights to it. After some time you found out that the other inventor invented the same and claimed that invention of his own without even seeking your permission. You will be in shock and confused at the same time, now what to do!
How to dodge a Patent Failure?
Patents are supposed to bring profits and many benefits to startups and inventors. In the journey of transforming the idea into reality, there can be many pitfalls in between but the main pitfall is “incomplete information or knowledge” which can lead to Patent Failure.
IPR & Ongoing/Upcoming Trends
Today, society has changed totally because of technology. The complicated processes involved in our daily lives are made easier because of modern technology. Technology has made a world better place and better connected. Technology has improved every field like education, healthcare, communication, agriculture, and many more.