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Intellectual property (IP) refers to creations of the mind: inventions, literary and artistic works, and symbols, names, images, and designs used in commerce. IP is divided into two categories: Industrial property, which includes inventions (patents), trademarks, industrial designs, and geographic indications of source; and Copyright, which includes literary and artistic works such as novels, poems and plays, films, musical works, artistic works such as drawings, paintings, photographs and sculptures, and architectural designs. Rights related to copyright include those of performing artists in their performances, producers of phonograms in their recordings, and those of broadcasters in their radio and television programs.
Property that derives from the work of an individual's mind or intellect.Towards this, law creates rights in such intellectual pursuits, which are termed as INTELLECTUAL PROPERTY RIGHTS. There are two types of Intellectual property. 1. One kind of Intellectual pursuits leads to the creation of new substances, products, devices, technologies, methods or processes, which are of value. These are protected under patents Act. 2.Human intellect can also be expressed through art, literature, music, films and brodcasts. These are protected under the copyrights Act.
Intellectual Property
Intellectual Property is the Property, which has been created by exercise of Intellectual Faculty Patent Industrial Design Trademark Copyright Geographical Indication
What is a patent? A patent is an exclusive right granted for an invention, which is a product or a process that provides a new way of doing something, or offers a new technical solution to a problem. What does a patent do? A patent provides protection for the invention to the owner of the patent. The protection is granted for a limited period, generally 20 years
Examples
Art Software
Patent
Set of exclusive rights
Given to the inventor By the state For a fixed period of time
The act stipulated the conditions under which a patent is to be granted. The application is refered by the controller to the examiner. The examiner checks whether the applications complies with the requirements of the act. He also checks if the inventions has been published or by claimed by some other person. The examiner searches among the existing list of patents holders, in a register maintained n the patent office to check whether the patent right is held by another person.
The patent officer, after the examination of the application communicates its objections, if any, to the applicant. If the applicant is unable to remove the objections, the controller refuses to grant a patent to the application. If the applicant is successful in removing the objections, the controller advetises the application in the official gazette. This is towards giving an opportunity to the public to raise objections to the grant of patent. After a successful disposal of all objections, a patent is granted. The person in favour a patent is granted, is called a patentee. He can deal with his patent right like any other property. He can sell to other person. Any use without licence or other authorisation from the patent holder is an infringement. The patent holder can move the court to restrain the violator and claims damages.
The patent office is headquartered at Kolkata. with branches in Chennai, New Delhi and Mumbai, But the CGPDTM office is in Mumbai.
The office of the Patent Information System is at Nagpur
A patent is a monopoly right in the use of an inventions. Not all inventions can be patented. Patent duration Term of every patent in India is 20 years from the date of filing of patent application, irrespective of whether it is filed with provisional or complete specification. However, in case of applications filed under PCT (Patent Cooperation Treaty) the term of 20 years begins from International filing date. The Patent Cooperation Treaty (PCT) is an international patent law treaty, concluded in 1970. It provides a unified procedure for filing patent applications to protect inventions in each of its contracting states. A patent application filed under the PCT is called an international application, or PCT application.
Patent Validity
A patent is valid if
satisfies common requirements not proven invalid
Compulsory License
After three years of patent, anyone can request a license from the govt. on these grounds That the reasonable requirements of the public with respect to the patented invention have not been satisfied That the patented invention is not available to the public at reasonably affordable price
Not Patentable
Atomic energy Traditional knowledge Scientific principle Abstract theory Discovery of natural substances New form of a known substance Mixture of known compounds Methods of agriculture
http://ipindia.nic.in/ipr/patent/history.htm
TRIPS
Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) WTO Formulated 1986-1994 Uniform patent regime in 147 member countries
TRIPS
Process and product patents in almost all fields of technology
Compulsory licensing and license of right Several areas excluded from patents (method of agriculture, any process for medicinal surgical or other treatment of humans, or similar treatment of animals and plants to render them free of disease or increase economic value of products) Government allowed to use invention to prevent scarcity
Limited compulsory licensing, no license of right Almost all fields of technology patentable. Only area conclusively excluded from patentability is plant varieties; debate regarding some areas in agriculture and biotechnology
Western companies may Indian companies already partner with Indian companies selling those, as generics to sell their drugs
Western companies not interested in tropical diseases! -opportunity for Indian companies
Effect on Patients
Expensive medicine
Effect on Agriculture
Summary
Prepared by: YASHWANT YADAV VISHWA VISHWANI INSTITUTE OF SYSTEMS AND MANAGEMENT, HYDERABAD.