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INTELLECTUAL
PROPERTY RIGHTS
CORPORATE GOVERNACE & ETHICS
INTELLECTUAL PROPERTY RIGHTS
 Intellectual property (IP) refers to creations of the mind, such
as inventions; literary and artistic works; designs; and
symbols, names and images used in commerce. Intellectual
property rights (IPRs) are the rights granted to the creators of
IP.
 The rights relating to the intellectual property are recognized
by law as the subject matter of rights of various intangible or
immaterial products is human intelligence, skills and labour.
OBJECTIVES OF IPR
 IPR Awareness, Outreach and Promotion
 Legal and Legislative Framework
 Administration and Management
 Commercialization of IPRs
 Enforcement and Adjudication
 Human Capital Development
INTERNATIONAL AGREEMENTS
 India is a member of the World Trade Organisation (WTO) and
committed to the Agreement on Trade Related Aspects of
Intellectual Property.
 India is also a member of World Intellectual Property
Organization (WIPO), a body responsible for the promotion of
the protection of intellectual property rights throughout the world.
 The agreement on Trade-Related Aspects of Intellectual
Property Rights (TRIPS) is an international legal agreement
between all the member nations of the WTO.
SUBJECT MATTER OF IPR IN INDIA
 Patent
 Design
 Trademark
 Geographical Indications
 Copyrights
 Semiconductor & Integrated Circuits Layout Design
 Plant Variety Design
PATENTS
 A patent describes an invention for
which the inventor claims the exclusive
right.
 Should be applied before launching
product.
 An invention is patentable if it is:
 New or Novel
 Useful
 Pertains to Patentable Subject Matter
 Term of patent is 20 years from the date
of filing.
 Filing fees for:
 Individuals: Rs.750
 Legal Entities: Rs.3000
 No fees for first 2 years
 Renewal fees on yearly basis after 2 years (keeps
on increasing)
Is a patent granted in one country enforceable in
another?
 No, there is no such thing as a global patent or world
patent.
 Patent rights are essentially territorial in nature.
 Grant of patent in one country does not force others to
patent same invention.
 Refusal of patent in one country does not mean that it will
be terminated in all the countries.
 Grant of patent possible in more than one country on
existence of treaty between them.
COPYRIGHTS
 Grants protection to the unique expression of ideas.
 Any literary object namely artwork, books, poetry, movies
and music can be copyrighted.
 Can be applied anytime by registering a form with
appropriate fee.
 Copyrights last for: Author’s life + 50 years; 50 years for
films and sound recs; 25 years for typographical
arrangements of a published edition.
 Copyrights protection always ends on 31st December.
What is Fair Use?
 Gives permission to use copyrighted material if
certain criteria are met.
Unfair Use
Fair Use
TRADEMARKS
 A symbol, logo, word, sound, colour, design or other device that is
used to identify a business or a product in commerce.
 Registration procedure:
 Application for search.
 Application for registration.
 Examination of trademark.
 Advertisement of trademark.
 Filing of opposition.
 Certificate issued.
 Trademarks valid for 10 years from date of application. Government
fees Rs.2500.
Trademark Symbols
Intent to use application filed for product :
Intent to use application filed for service :
Registered trademark :
APPLICABILITY OF TRADEMARKS
 Specify font, size, proportion and placement
Set apart from surrounding text
 Do not change the spelling
TRADEMARK INFRINGEMENT
LAWS FOR INFRINGEMENT
Patents:
 A suit can lie in district or high court as per Patents Act, 1970
(amended 2005).
 It may issue injunction to prevent from further use of patents; or ask
guilty party to pay royalties to patent owner(s).
Copyrights:
 A suit can lie in district or high court Copyright Act, 1957.
 Punishment extends from 6 months to 3 years.
 Permanent ban on commercial activities can be issued.
Trademarks:
 A suit can lie in district or high court as per Trademark Act, 1999
(amended 2010).
 Punishable with imprisonment up to 3 years and fine as per claims.
WHAT WE LEARNT
 Create yourself, rather than using others creations.
 Do not use competitor’s mark in such a way that it
harms competitor in unfair way.
 Do not use comparisons that are likely to cause
confusion.
 Technological advancement has made job of the
CREATOR easy, but it has also made the job of the
COPYCAT easier.
THE MAAZA WARS
VS
BAJAJ VERSUS TVS
Yeh spark plug
mujhe dede
TVS!!!
THANK YOU!

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IPR Corporate Governance

  • 2. INTELLECTUAL PROPERTY RIGHTS  Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce. Intellectual property rights (IPRs) are the rights granted to the creators of IP.  The rights relating to the intellectual property are recognized by law as the subject matter of rights of various intangible or immaterial products is human intelligence, skills and labour.
  • 3. OBJECTIVES OF IPR  IPR Awareness, Outreach and Promotion  Legal and Legislative Framework  Administration and Management  Commercialization of IPRs  Enforcement and Adjudication  Human Capital Development
  • 4. INTERNATIONAL AGREEMENTS  India is a member of the World Trade Organisation (WTO) and committed to the Agreement on Trade Related Aspects of Intellectual Property.  India is also a member of World Intellectual Property Organization (WIPO), a body responsible for the promotion of the protection of intellectual property rights throughout the world.  The agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) is an international legal agreement between all the member nations of the WTO.
  • 5. SUBJECT MATTER OF IPR IN INDIA  Patent  Design  Trademark  Geographical Indications  Copyrights  Semiconductor & Integrated Circuits Layout Design  Plant Variety Design
  • 6. PATENTS  A patent describes an invention for which the inventor claims the exclusive right.  Should be applied before launching product.  An invention is patentable if it is:  New or Novel  Useful  Pertains to Patentable Subject Matter  Term of patent is 20 years from the date of filing.
  • 7.  Filing fees for:  Individuals: Rs.750  Legal Entities: Rs.3000  No fees for first 2 years  Renewal fees on yearly basis after 2 years (keeps on increasing)
  • 8. Is a patent granted in one country enforceable in another?  No, there is no such thing as a global patent or world patent.  Patent rights are essentially territorial in nature.  Grant of patent in one country does not force others to patent same invention.  Refusal of patent in one country does not mean that it will be terminated in all the countries.  Grant of patent possible in more than one country on existence of treaty between them.
  • 9. COPYRIGHTS  Grants protection to the unique expression of ideas.  Any literary object namely artwork, books, poetry, movies and music can be copyrighted.  Can be applied anytime by registering a form with appropriate fee.  Copyrights last for: Author’s life + 50 years; 50 years for films and sound recs; 25 years for typographical arrangements of a published edition.  Copyrights protection always ends on 31st December.
  • 10. What is Fair Use?  Gives permission to use copyrighted material if certain criteria are met. Unfair Use Fair Use
  • 11. TRADEMARKS  A symbol, logo, word, sound, colour, design or other device that is used to identify a business or a product in commerce.  Registration procedure:  Application for search.  Application for registration.  Examination of trademark.  Advertisement of trademark.  Filing of opposition.  Certificate issued.  Trademarks valid for 10 years from date of application. Government fees Rs.2500.
  • 12. Trademark Symbols Intent to use application filed for product : Intent to use application filed for service : Registered trademark :
  • 13. APPLICABILITY OF TRADEMARKS  Specify font, size, proportion and placement Set apart from surrounding text
  • 14.  Do not change the spelling
  • 16. LAWS FOR INFRINGEMENT Patents:  A suit can lie in district or high court as per Patents Act, 1970 (amended 2005).  It may issue injunction to prevent from further use of patents; or ask guilty party to pay royalties to patent owner(s). Copyrights:  A suit can lie in district or high court Copyright Act, 1957.  Punishment extends from 6 months to 3 years.  Permanent ban on commercial activities can be issued. Trademarks:  A suit can lie in district or high court as per Trademark Act, 1999 (amended 2010).  Punishable with imprisonment up to 3 years and fine as per claims.
  • 17. WHAT WE LEARNT  Create yourself, rather than using others creations.  Do not use competitor’s mark in such a way that it harms competitor in unfair way.  Do not use comparisons that are likely to cause confusion.  Technological advancement has made job of the CREATOR easy, but it has also made the job of the COPYCAT easier.
  • 19. BAJAJ VERSUS TVS Yeh spark plug mujhe dede TVS!!!
  • 20.

Editor's Notes

  1. IPR Awareness: Outreach and Promotion - To create public awareness about the economic, social and cultural benefits of IPRs among all sections of society. Generation of IPRs - To stimulate the generation of IPRs. Legal and Legislative Framework - To have strong and effective IPR laws, which balance the interests of rights owners with larger public interest. Administration and Management - To modernize and strengthen service-oriented IPR administration. Commercialization of IPRs - Get value for IPRs through commercialization. Enforcement and Adjudication - To strengthen the enforcement and adjudicatory mechanisms for combating IPR infringements. Human Capital Development - To strengthen and expand human resources, institutions and capacities for teaching, training, research and skill building in IPRs.
  2. Paris convention of wipo (177 members)
  3. For example, January 1st, 2017 you file a patent application claiming your improved widget in your home country of Austria-Hungary. However, you desire to also protect extensive anticipated sales of your widget in the Duchy of Grand Fenwick. Your patent attorney advises you that both are signatories to the Paris Convention Summary of the Paris Convention for the Protection of Industrial Property (1883) in which each country (called a contracting state in the Treaty) will recognize a right of priority of a patent filing in another contracting state, provided that within a certain period of time (12 months for patents) the applicant applies for protection in any of the other Contracting States.