Innovation | Intellepedia

Patent Attorneys: From Strategic Professionals to Ordinary Vendors? The Changing Soul of India’s Patent Ecosystem

For a long time, patent attorneys occupied an important place in India’s innovation and business ecosystem because they helped companies identify protectable value, convert innovation into legal rights, and build patent portfolios capable of supporting business growth and financial success. Today, that position is changing. As artificial intelligence is reshaping patent work, cost pressures are intensifying, quality concerns are weakening, and regulatory as well as contractual burdens are increasing, the patent attorney is facing a future in which specialised professional standing is giving way to a vendor driven role. If that change continues, it will not only affect patent attorneys, but may also weaken the patent ecosystem itself and its contribution to innovation driven growth, commercialisation, and knowledge based progress.

Celebrating New Year IP Growth: A Bright 2024 Ahead

The post outlines significant progress in the Indian intellectual property sector during 2023. It anticipates further growth and innovation in 2024, wishing continued success to all engaged in IP-driven businesses.

Patents filed by Young Inventors!

The article examines patents filed by young inventors in India, with detailed examples of child-led innovations and their patent status. It highlights BananaIP’s commitment to supporting young inventors in the patent process, in an objective and structured manner.

5 Reasons Why You Should File Patents Over Your Inventions

This article outlines five key reasons to file patents over your inventions, focusing on exclusivity, business value, financial valuation, and fundraising. It provides a structured analysis of how patents can support business growth and protect innovation.

The IP Choices We Make Today Will Shape our Tomorrow

This post discusses the crucial role of intellectual property choices during the COVID-19 crisis. It calls for balanced policies and open collaboration to foster innovation and ensure access in India.

The Business of Building, Managing and Monetizing Intellectual Property Assets

This post examines a recent seminar that addressed the business and legal aspects of building, managing, and monetizing intellectual property assets in India. Experts shared strategies and frameworks for integrating IP into business success, reflecting the growing importance of IP in the Indian corporate landscape.

Gaurav Mishra delivers a talk on Patent law

Mr. Gaurav Mishra recently delivered a talk on the law of patents in India at a seminar organized by the National Law School of India...

Patent Trolls – Threat to Innovation and its Users!

Patent trolls increasingly target both manufacturers and end users, causing significant financial and operational challenges. This analysis explores a key US case, the effect on businesses, and the importance of regulatory safeguards to protect innovation.

Why do Inventors Invent?

This post explores what motivates Indian inventors, highlighting that most are driven by non-financial reasons rather than financial incentives. Based on research among R and D professionals, it questions the effectiveness of current patent-based incentive schemes and suggests the need for a broader approach.

“Children, Don’t Just Invent, File Patents!”

The post celebrates Children’s Day by showcasing Sydney Dittman, a young inventor who patented an aid for disabled individuals. It emphasises the value of patenting children’s inventions and explains the legal aspects of her patented device.