Intellectual Property Rights Business Booster…

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Presentation transcript:

Intellectual Property Rights Business Booster… Dr. Rajeshkumar H. Acharya

IP as Booster © H K ACHARYA & COMPANY

“Invention” and “Innovation” Invention : a technical solution to a technical problem Innovation : translation of the invention into a marketable product or process © H K ACHARYA & COMPANY

Forms of Commercialization of IP Internal Product Development License Assignment Spin-off Company Joint Venture © H K ACHARYA & COMPANY

Internal Product Development Own Development No external party © H K ACHARYA & COMPANY

License No permanent transfer ownership Exclusive or non-exclusive End user Distributor→ End user Commercializing party → Distributor → End user © H K ACHARYA & COMPANY

Assignment Permanent transfer of the ownership Advice from a tax specialist © H K ACHARYA & COMPANY

Spin-off Companies Established for undertaking particular activity Separate legal entity © H K ACHARYA & COMPANY

Joint ventures Collaboration of two or more parties to undertake common project Through Unincorporated Incorporated © H K ACHARYA & COMPANY

© H K ACHARYA & COMPANY

Shri Mahila Griha Udyog Lijjat Papad (Lijjat) © H K ACHARYA & COMPANY

Continue… 40,000 members and 62 branches across 17 states of the Republic of India Created in 1959 by seven illiterate but skilled women neighbors of Mumbai Registered a trademark : Lijjat and Lijjat Papad Babla and a bunny rabbit © H K ACHARYA & COMPANY

Continue… Lijjat's trademark; a symbol of women's strength Owns 40 trademarks for a number of products Three people were arrested in Bihar- pass off © H K ACHARYA & COMPANY

PM about IP © H K ACHARYA & COMPANY

Thank You “Look at usual things with unusual eyes” From: H. K. Acharya & Company Advocates, Patent & Trademark Attorneys 19, HK Avenue, Swastik Society, Navrangpura, Ahmedabad 380009 India Tel: 91.79.2642 5258/5259 Fax: 91.79.2642 5262/5263 E-mail: info@hkindia.com Web: www.hkindia.com © H K ACHARYA & COMPANY