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…
Under the pre-2004 provisions of the Patents Act, section 55 of the Patents Act provided that an application may be made to court for the grant of a license after 3 years from the date of the grant of a…
Intellectual property rights (IPR) have come to be a crucial asset in improving businesses in today’s global economy. They’re pivotal with regard to the success of small and medium-sized enterprises (SME) by way of providing a safeguard to their innovations…