intellectual property- protection management and risks
TRANSCRIPT
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Intellectual Property-Protection Management & Risks
Presented by:Nishant Kewalramani
Portfolio Manager
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AGENDA
Maximizing IP for Start Ups- Protection Strategy
Cost Effective ‘Protection Management’ of IP
Avoiding IP Risks
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PROTECTION MANAGEMENT
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Protection Strategy
Do VCs sign non disclosures?
Strategy: Minimum Expense- Maximum Advantage
Building a wall around the IP
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PATENTS
Identifying core technology area
Make, Use, Sell, Offer for Sale and Import
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Technology development Identification Aids
Competitor Watch- Constant update on your competitors Concentrate on big companies Decides direction of your core
technology
Landscape analysis A landscape of all patents in a
technology domain
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Pre-Filing Filtering Do not approach the patent attorney without
Homework!!!
Understanding patentability criteria for initial filtering purposes.
To begin with- you are the best judge of your invention
Quality of patents more important than number of patents
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© Brain League IP Services Pvt. Ltd
INVENTIONS
Subject Matter
Usefulness
Novelty
Non-obviousness
Specification
PATENTS
Patentability Requrements
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Provisional Filing
Only description of the Invention required
Secures the priority date
12 months for filing complete application with claims
Better bargaining position
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Multiple inventions in one application
Unity of invention
Divisional application
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PCT filing
File PCT instead of Complete if more time required
31 months to file national phase applications
More expensive than a complete filing
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Trademark Filing
Not as expensive as patents
Choose a word that catches attention and is ‘not descriptive’ of the goods and services
Intent to Use application/ Proposed to Use Can get registration without use Can continue to hold rights over the
mark for upto 5 years
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Copyright Registration
Inexpensive
Long duration of right
Marketing materials, imp documents, websites etc.
Strengthens the wall of protection
Adds value to the entity
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Not Disclosing = Protection
Not important enough/Cannot be covered under any other IP
No registration required for Trade Secret Protection
Maintain Secrecy- Employee agreements, non disclosure agreements etc.
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Decide what to maintain
PCT Application ≈ Filing in two jurisdictions
Stronger portfolio- negotiating advantage
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IP RISKS
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PATENT RISK
Search not comprehensive
Non accessible data
18 month lag
Non patented material
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FIRST SALE EXHAUSTION & PARALLEL IMPORTS
Sale- rights over the item exhausted
Import of patented articles from other countries.
Can be due to price discrimination
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FTO ANALYSIS
Freedom to Operate
Product analyzed against national patents
Also known as Patent Clearance.
18 month lag
Further Limitations in India
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NOTICE- INNOCENT INFRINGER Notice- patent with no./patent
pending
Without patent no. not considered notice
Damages may not be awarded
Flows both ways
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Trademark Risk
Non registered user has a right
Cannot use anything resembling a famous mark
If not registered- proving ‘notice’ very difficult
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OPEN SOURCE- RISK
Open Source Software
May compel you to make your improvement free.
Analyze the kind of conditions attached with the license.