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From China with Love: The Xiaomi Story

Just a few months ago, this particular cellular company took the market by storm and made its stand in the 3rd rank of the world’s cellular companies. It not only pleased consumers, but also gave tough competition to leading brands in the market. As a matter fact, the phones sold like hot cakes within minutes of its release on one of the biggest online shopping destinations, Flipkart. More recently, the company got into a patent spat, the first of them, with another biggie, Ericsson. Even more recently, the ban was partially lifted.

Xiaomi is the name that jumps to mind immediately. This phone gained all the stardom due to its amazing specifications. It did not provide any specification out of the box when compared to its competitive brands but what it did provide was all the highly featured specifications which the leading brands sell for very high cost. Xiaomi sold the same specifications for half the cost. This low cost phone with high end specifications was then known to be a “Chinese iPhone”. Xiaomi, having moved out of China, has made its stand in seven countries in Asia and is on track to sell 60 million smartphones this coming year.

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Weekly Warm up with Sinapse!

RAJINI’S LINGAA CLEARS LEGAL HURDLES; ALL SET FOR BLOCKBUSTER RELEASE ON HIS BIRTHDAY!

… Recently released and already making it to the top, Lingaa was accused of plagiarism of film-maker K R Ravi Rathinam’s yet-to-be-released Tamil film, “Mullai Vaanam 999”. The Plaintiff filed a writ petition in the Madras High Court against Lingaa, stating that Mr. Rathinam had a story based on the construction of the Mullaperiyar Dam by a British Engineer John Pennycuick and the story was published on YouTube. However, the Madras HC dismissed the petition, which resulted in the victory of Lingaa.

INDIA, START UPS, FUNDING AND INTELLECTUAL PROPERTY

… India saw several start ups being funded at various levels, apart from FlipKart’s fundraising of US$ 1 Billion. A NASSCOM Report rated India as the fastest growing start up ecosystem and the third largest in the world. This clearly states that entrepreneurship is growing rapidly but lags behind in IP. This post further suggests ways in which IP could grow.

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Musical Notes

Wacky Patents 4 – Mode-enhanced Hindustani Music

It’s a musical world. From the pitter patter of raindrops to pulsating headaches, there is music everywhere. In many languages, voice modulation and tone become part of communication. Ever wondered if a method of creating music could be patented?

Well, that’s exactly what Wacky Patent 4, Mode enhanced Hindustani Music is about. US Patent Application No. 10/082,777 filed in February, 2002 by two inventors of Indian Origin, Prabhakar Prahlad Jamkhedkar and Prashant Prabhakar Jamkhedkar, was granted Patent No. 6,750,387 in June, 2004. Now, on that note (pun intended), let’s see what this patent is all about!

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Indian Patent Statistics – October 2014

The Indian Patent Office granted a total of 596 patents and published 3721 patent applications in the month of October, 2014.

GM Global Technologies topped the Grantee list with 29 patents to their name. With a total of 16 patents, Qualcomm Incorporated followed GM Global at a close second. LG Electronics Inc. and Siemens Aktiengesellschaft also made it to the Grantee list.

As the applicant for 62 patent applications, Robert Bosch GMBH topped the Patent Applicant list. Robert Bosch GMBH was followed closely by Kabushiki Kaisha Yaskawa Denki and Qualcomm Incorporated with 41 applications. Sony Corporation secured the third place with a total of 39 applications.

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DoT drops controversial clause from proposed IP policy; Likely to benefit domestic handset dealers

In a move which is set to benefit domestic handset dealers, the Department of Telecom (DoT) has removed a controversial clause from the proposed Intellectual Property policy, thereby giving better negotiation powers to local telecommunication companies like Micromax and Karbonn while dealing with the patent owners.

The proposed clause had stated that patent seekers in the telecom technology sector would have to enter into a licensing fee payment contract with the essential patents owners within 6-12 months and in case the discussions did not work out, the patent owner could opt for the legal route.

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University of Cincinnati launches Integrated Tech Transfer Model

The Office of Entrepreneurial Affairs and Technology Commercialization at the University of Cincinnati (UC) has been replaced by a “Commercialization Accelerator Model” after receiving a US$ 1 Million funding renewal boost from Ohio’s Third Frontier Commission earlier this month. It is twice the amount the accelerator received from the Third Frontier at the time of its inception in 2012.

Following the funding, the accelerator under a new integrated model, will take care of everything associated with the commercialization of UC innovations, including technology transfer, patent management and commercialization activities. UC’s Technology Accelerator was created with an intention of plugging in gaps between the early stage university innovations and the expectations of the investors. The accelerator serves as a propeller for innovation and commercialization activity at UC, putting focus on recognizing promising technologies and promoting those innovations and ideas that attract funds from outside investors.

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Indian Institute of Science set to translate Innovation to Entrepreneurship

One of the leading research institutes, the Indian Institute of Science (IISc) is planning to promote start-ups. It is filtering through its innovations and Intellectual Property collected since its inception 105 years ago and is encouraging its students and faculty to come up with more entrepreneurial ideas.

IISc Director, Anurag Kumar commented, “the emphasis on science research will not change, but we are interested in making it more impactful”. IISc’s contribution towards the scientific and technological advancement of the country has been noteworthy. It has produced a lot of exceptional intellectuals to run industries, business houses and institutions. IISc runs a lot of translational programs which intend to take research forward and prepare it for implementation in the real world.

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Battling Bitcoin with Patents

Here is the next post in the series of Student Blog Contest. This post is authored by Amrita Vasudevan.

Satoshi Nakamoto may sound like a name of a person to most and may well be, but more accurately it is the name of a phenomenon (Nakamoto has never revealed himself to the public and may even be an organisation)! He is the one behind revolutionary Crypto-currency, Bitcoin. Nakamoto, who spent more than a year writing the software, was motivated to create a currency that was impervious to unpredictable monetary policies and the caprices of bankers and politicians whose follies, he believed, led to the recent financial crisis.

Nakamoto designed the software in such a way as to ensure that only twenty-one million Bitcoins are released into the world over the next twenty years [1], making sure that this digital currency is deflatory. Initially valued at less than a penny, Bitcoin has rapidly picked up pace with greater acceptability and at the end of 2014, one Bitcoin is worth US$ 371.450 USD or INR 22901.79729.[2]

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Sinapse-672x372

Weekly Warm up with Sinapse!

CANE FOUNDATION – INTELLECTUAL PROPERTY FOR, OF & BY THE DISABLED

… CANE FOUNDATION, founded in November, 2014, is a charitable trust, founded to combat disability and the myths that go with it, in all its forms. It is now accepting applications for the protection of ideas, inventions and/or creations for, of and/or by the disabled. For more details vist: www.canefoundation.org.

INTERNATIONAL DAY OF PERSONS WITH DISABILITIES – INGENIO’S MESSAGE

… SiNApSE observed the International Day of persons with disabilities with wise Ingenio enlightening us on the importance of this day.

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Kalyan

India, Start Ups, Funding and Intellectual Property

Funding activities during the last quarter, especially when it comes to start ups, was great! Apart from the US$ 1 Billion Fundraising by FlipKart, India saw several start ups being funded at various levels. A Report indicates 93 deals and a total funding of INR 97,738 Million. With the FlipKart deal, e-commerce businesses lead the pack in percentage of start ups funded based on sector.

With respect to start up activities in the country, a 2014 NASSCOM Report rated India as the fastest growing start up ecosystem and the third largest in the world. This report estimates that India has around 3,100 start ups, and that 800 of them are being set up every year. By 2020, it estimates that India’s start up size will be around 11, 500.

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