Inventors and entrepreneurs who are looking to cut costs frequently want to do their own search. This is a wise first move, but you really need to be careful. Don’t go for it unless you are absolutely sure you can do it well. It’s very easy to oversee details or fail to look for prior art at certain places. So while it might make sense to do your own search first, be careful relying on your own search to justify spending the thousands of dollars you will need to spend to ultimately obtain a patent.
Here are some pros and cons and to help you decide if a patent search makes sense for you.
A patent search keeps you from wasting a lot of time and money on an invention that would not be patentable or at least very difficult to obtain meaningful patent protection for. Continue reading →
You wouldn’t make important decisions like buying a property or investing in the stock in haste or without checking it up properly. Likewise, when it comes to making a product, you would want it to be unique and useful and most importantly, marketable. But how can you know whether your idea or product is going to be useful and successful? Yes you can go all over Google and search for similar products over the internet, but still you might miss out on something important which can come to haunt you later. Plus it isn’t a very resourceful use of your time.
Hiring a professional patent search firm to do the legal work for you once in a while might be a good idea. Professionals would know about all the loopholes and can assess your product inside out to give an idea of its success. Continue reading →
Patentability searches/investigations showcase the solicitous, calculated planning that happens at the beginning of every intellectual property protection process. If you have an invention you deem should be patented, then patentability searches are the first step towards it. It is widely accepted that patents play an essential role in motivating private investment in R&D, and those investments have yielded tremendous social gains through the resulting of new technologies and inventions. If the idea of a technology is not novel or is obvious- perhaps because it was disclosed in an earlier publication or made to look obvious by recent scientific advances- then it cannot be patented.
Although most of the patent databases are available online for free: UPSTO, the EPO database, but a professional lawyer or patent attorney can offer better counsel and guidance that can provide you with a realistic view of the possibilities for obtaining a patent. Continue reading →
The scope or the extent of Patent Watch is defined in the claims of the granted patent.Patent filing agents inform the public about terms of the claims such as what is allowed and what is not allowed without the permission of the patent holder.
Usually, a party that manufactures, sells, imports, uses, or offers patented technology for sale , during the term of the patent and within the country of issued the patent, is considered to infringement of the patent.
In response to allegations of infringement, an accused infringing party would normally assert one or more of the following:
ñ it wasn’t practicing the patented invention or infringing act in the territory covered by the patent; Continue reading →
Not many domestic and foreign companies know that the Government of India has revised its weighted tax deductions for in-house R&D centers to 200% in the latest Union Budget of 2010. This is more than compared to benefits provided in countries like Singapore, Hungary etc. Companies which are engaged in research only at present but have plans to start manufacturing at a later date are also eligible for the recognition from DSIR Through this service, TT Consultants will assist domestic and foreign companies in setting up R&D center and Intellectual Property units to undertake the procedure of the entire certification and tax deduction claims related activities of firm’s R&D center. Continue reading →
Patent registration is required to obtain legal right for an invention while Trademark registration enhances protection to distinguish your goods and services.
Patent registration and Trademark registration process
The owner of a registered trademark may also commence legal dealings or file a case to prevent unauthorized use of that trademark. Large number of people are still unaware of the numerous benefits of owning a trademark registration which is now becoming familiar with customer satisfaction in India. The trademark is registered to create the goodwill, popularize, brand name, business name and logo as to discriminate and put aside the mark from competitors and fraudulent. Continue reading →