SpicyIP

NOVEMBER 30, 2024

The essence of the patent regime lies in, the ‘patent bargain’ – inventors are granted a monopoly over their invention for a fixed term of 20 years in exchange for a complete disclosure. This prevents inventors from withholding critical information while still benefiting from patent protection. Cipla Ltd (2008).,

Patent Application 64

Patent Application Invention Patent Public Domain 64

IP and Legal Filings

SEPTEMBER 8, 2021

Since blockchain plays a pivotal role in the crypto market, several inventors have attempted to legally protect the various components of blockchain technology using patents. Moreover, in 2012, the USPTO received several patent applications that contained the terms “cryptocurrency” and “blockchain”.

Intellectual Property 94

Intellectual Property Non-Fungible Tokens Copyfraud Contracts 94

Intepat

MAY 4, 2023

When an inventor is granted exclusive rights over their inventions for a specific period of time, it provides a return on their investment in terms of time, resources and capital. The idea that a specific invention will allow the inventor to reap benefits has a direct effect on incentivising inventors to create and invent more.

Law 52

Law Patent Settlement Inventor 52

IP and Legal Filings

JANUARY 23, 2023

Following the 2012 revision to the copyrights Act, it was made clear that Internet activities were also covered by the copyright law. vii] NFTs are prone to “copyfraud” and other violations of the moral rights of the inventor. It is possible for someone to print the NFT while posing as the author of the piece.

Non-Fungible Tokens 98

Non-Fungible Tokens Copyright Intellectual Property Ownership 98

SpicyIP

JANUARY 2, 2022

Both suits were filed before the 2012 amendment to the Copyright Act. Further, given that the 2012 amendment does not have a retrospective effect, the Court held that the amendment has no effect on the legal position. Recognition of non-human inventors, AI and its implications for India. Hero Electric Vehicles Private Ltd v.

IP 143

IP Intellectual Property Trademark Copyright 143

IP and Legal Filings

SEPTEMBER 13, 2022

A patent is an intellectual property right granted by a government to the inventor, to protect their invention and allow the fullest commercial exploitation of the patented invention. It allows the inventors to know about similar inventions which already exist and make changes to their inventions in order to make them patentable.

Patent 52

Patent Invention Inventor Technology 52