Intellectual property adds value to your company’s assets; learn more at our business workshop

What is Intellectual Property? How does it affect our everyday lives? How does it benefit businesses? The answer to all of these questions, in addition to business planning basics, are covered at our workshop  entitled “Harnessing Power from IPR”.

Is it yours, mine, or ours? That is what many businesses wonder when they review their intellectual properties.

At this entrepreneur workshop, small businesses can learn how to perform their own intellectual property audit, and how to protect their intellectual property, including patents, trademarks, and patents. This workshop also helps those entrepreneurs who are considering developing a new invention, starting a new business, or existing businesses who wish to improve their business performance.

Today Patent,Copyright & Trademark become even more evident with the development of e-commerce. Such online businesses rely even more on selling products and services tied to intellectual property and its licensing. Think of music, images, software, designs, networks, computer chips, and so on – these are all forms of intellectual property and routinely protected by such rights.

Copyright is the most common type of intellectual property. It is the easiest to register for protection and also the most economical.

Copyright covers authors and their literary, dramatic, musical, artistic, and certain other intellectual works, such as business websites, computer source codes, and even promotional literature. Turn the words around. Copyright authorizes the “right to copy.” It protects the aesthetic or textual expression of ideas, but not the ideas. One may register their copyright at Copyright Office, Bhikaji Cama Place New Delhi-110066.

Trademarks are perhaps the most visible form of intellectual property, especially associated with online businesses. Trademarks differentiate your product and/or service from competitors. When one thinks of trademarks, often brand names and logos come to mind. Such branding influences customer recognition and projects the goodwill of a business. A trademark is a word, name, phrase, or symbol, which identifies and distinguishes the business or provider of goods, services, or ideas.

Patents are not as visible as copyrights or trademarks, yet are one of the strongest types of intellectual property protection. Think of the recent patent wars between Apple and Samsung mobile technologies. E-commerce and online businesses often are based upon product or patent licensing. A patent protects unique processes, methods, and inventions.

Many businesses that operate online realize the high value of their intellectual properties. Assessment of business intellectual properties such as patent portfolios and trademarks frequently enhance the value of a business. Forbes 
claims that Apple and Google are the most valuable trademarks in 2017. 
Even new business start-ups on a tight budget should consider conducting an intellectual property audit and including registration of their various intellectual properties as part of their business plan.

This workshop is organized by Siddhast IP Innovation Pvt. Ltd. Contact us for more detail.

MARK AND ITS VALUE

amul first add
Amul first add
value of mark
value of mark

What is in a BrandName?
The Trademarks Act defines a trademark as:
(1) A mark that is used by a person for the purpose of distinguishing or so as to distinguish
wares or services manufactured, sold, leased, hired or performed by him from those
manufactured, sold, leased, hired or performed by others; (2) a certification mark; (3) a
distinguishing guise; or (4) a proposed trademark.

Establishing a successful #BrandName depends to a large degree, of course,
on company’s reputation for quality products or services. In most cases, however, trademarks/brand names can be
developed and maintained through extensive and costly advertising.

While patents and copyrights are distinct in themselves (patents deal with the physical arts and sciences, copyrights with products of the intellect), they do have this in common: they both protect the substance of the article itself.

Trademarks, in comparison, protect only the device or symbol attached to the goods, not the goods themselves: the goods are open to the world. The trademarks owner is entitled only to prevent it from being used to make purchasers believe they are buying his or her goods when, in fact, they
are buying those of a rival.

Furthermore, patents and copyrights in India have limited legal lives. A copyrights term is for the life of the author plus 80 years, while a patents life is for 20 years. But a trademark, once registered, may be renewed at 10-year intervals, without limitation, on payment each time of the necessary renewal fees.

Below PPT, gives insight of value of TradeMark in different classes in India. Search Watch and exploit

“Amul” trademark is registered in both class 29 for milk and class 25 for undergarments. Who has exploited whose mark is the past presently both companies are doing good with there product.

Images are taken from google image search and may we be subjected to copyright