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

2. IP as Booster
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3. “Invention” and “Innovation”
Invention : a technical solution to a technical problem
Innovation : translation of the invention into a marketable product or process
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4. Forms of Commercialization of IP
Internal Product Development
License
Assignment
Spin-off Company
Joint Venture
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5. Internal Product Development
Own Development
No external party
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6. License No permanent transfer ownership Exclusive or non-exclusive
End user
Distributor→ End user
Commercializing party → Distributor → End user
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7. Assignment Permanent transfer of the ownership
Advice from a tax specialist
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8. Spin-off Companies Established for undertaking particular activity
Separate legal entity
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9. Joint ventures
Collaboration of two or more parties to undertake common project
Through
Unincorporated
Incorporated
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10. © H K ACHARYA & COMPANY

11. Shri Mahila Griha Udyog Lijjat Papad (Lijjat)
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12. 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
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13. 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
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14. PM about IP
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15. 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 India
Tel: /5259
Fax: /5263
Web:
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