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

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TH ANK YOU