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In order to overcome the difficulties created by the overall presence of patents, patent pools and clearing houses two alternative licensing models have been attracting the most interest. incentives for creativity, innovation motives and behaviour, inventor characteristics and personality). The event is open for registration here.
In this sector, intellectual property (IP) regulations are essential for defending the rights of inventors, artists, and producers. By 2030, it’s anticipated that the media and entertainment sector in India will generate $100 billion in revenue. Patents also provide inventors with temporary exclusive rights to their discoveries.
A compulsory license is a government-granted authorization that allows third parties to use, produce, or sell a patented product or process without the patent holders consent, aiming to benefit the public. By granting exclusive rights to inventors, patents incentivize innovation and investment in research and development (R&D).
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