Introduction Intellectual property (IP) is one of the most significant assets in the innovation economy for startups. Businesses in the technology, SaaS, biotech, deep-tech, and creative spaces have large amounts of intangible assets, such as patents, proprietary algorithms, software codes,…
With the advancement of society, Intellectual property has turned into a crucial asset for companies today. Patented drug formulas or copyrighted software codes, or even a logo that customers recognize-as long as it can be monetized under well-structured licensing agreements.…
Today, in the knowledge-based economy, ideas are not just vague concepts; they are powerful business assets. From patented inventions or proprietary software to copyrightable music and trademarked logos, intellectual property has become the backbone of corporate value and strategy. However,…
Important agreements for Intellectual Property (IP), which include licensing in IP, are the backbone of commercialization of the innovation-involved businesses and individuals in monetizing the intellectual property that is owned such as patents, trademarks, copyrights, and trade secrets. Such agreements…
Introduction Compulsory licence is a licence issued by the government to an applicant for making, using, selling a patented product or making use of a patented process without consent of the patentee. Provisions related to compulsory licensing are outlined in…
Introduction Patents have become an important tool for gaining a winning edge in any competitive race, especially in times when companies are competing in innovation, they serve as both the shield and sword in the world of business. When there…
Introduction Global licensing of patents has become a major aggregator in pushing growth of technology and industries in the world at large. The intellectual property sector is booming and one major reason is people having realised the importance of owning…
INTRODUCTION The patent owner can transfer his rights over his patent to the third person with a mutual agreement containing the terms and conditions. By obtaining this license, the licensee can make, sell, and use a patented invention. Documentation and…
Introduction Turkey has become a regional economic powerhouse with a flourishing economy and a thriving tech sector which attracts the businesses and individuals eager to capitalize on its market opportunities. As the competition is growing day by day it is…
Recently, TOT Power Control, S.L. (“TOT”), a technology and patent licensing entity has filed a complaint against Apple, Inc. (“Apple”) alleging infringement of two of TOT’s patents. The complaint has been filed in the District Court of Delaware alleging for…