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Patents
A patent is a legal protection granted by a government that provides
an inventor with exclusive rights to their invention for a limited period.
In return, the inventor must disclose the invention’s details publicly, fostering
knowledge sharing and technological progress. It covers inventions such as
products, processes, machines, or compositions of matter that are new, useful,
and non-obvious.
The patenting framework in India is regulated by the Patents Act of 1970, along
with subsequent amendments. This legislation fosters a favourable environment
for research and development while protecting inventors’ rights and encouraging industrial growth. Over the
years, India has seen a significant increase in patent activity, reflecting its expanding ambitions in scientific
research and technology-driven sectors.
Patents in India are now being widely applied beyond the pharmaceutical sector, gaining prominence in
various technological fields. Indian software companies are increasingly securing patents for their creations
on both domestic and international fronts. In the agricultural sector, innovations in seeds, fertilizers, and
machinery are being safeguarded through patents. Similarly, the renewable energy industry has seen a
notable rise in patents for solar, wind, and biomass energy technologies, emphasising sustainability and
eco-friendly progress.
Patent journals are published regularly and provide insights into the types of inventions and innovations
being patented. (https://search.ipindia.gov.in/DynamicUtility/Journal/Patent)
Trademarks
A trademark is a category of intellectual property, comprising a unique
symbol, design, or expression that serves to identify and differentiate a
product or service from its competitors and highlights its origin. Such
trademarks cannot be used by other companies. The validity of trademarks
remains with the parent company for 7 years which may continue, if the
company renews the licence.
Importance of Trademark
Ð ÐTrademarks assist consumers in identifying the origin of products or services.
Ð ÐThey establish definitive ownership and rights, which help deter counterfeiting and infringement.
Ð ÐThis empowers consumers to make thoughtful choices based on their previous interactions with the brand.
Ð ÐThey provide a guarantee that consumers are receiving what they anticipate, based on their familiarity with
the brand.
Forms of Trademarks
Trademarks can take various forms, such as:
Ð ÐWords: Names, slogans, tag lines (e.g., “Think Different”).
Ð ÐSymbols: Logos, icons, graphic designs (e.g., Apple’s
bitten apple logo).
Ð ÐSounds: Jingles, musical themes, or audio cues (e.g.,
McDonald’s “I’m Lovin’ It” jingle).
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