Chat with us, powered by LiveChat

+91-80-26860414

Call Us Today

LinkedIn

Search
 

IP for Start Ups

BananaIP Counsels > IP for Start Ups

Do’s and Don’ts for an Employment Agreement

The image depicts a man writing.

Original Date of Publication: November 26th, 2009 Do’s 1. Define the ownership of Intellectual Property created during the term of employment clearly. 2.Clearly state the extent to which IP will be transferred to the employer. 3. Ensure that Employee is obliged to execute all necessary documents and assists the Employer in transferring any Intellectual Property created by him during his employment to the Employer. Also incorporate provisions requiring employee's co-operation with respect to prosecution and litigation. 4. Ensure that Employee is obliged to refrain from using third party Intellectual Property without the permission of the Employer. Incorporate necessary safeguards in case of such a use...

Continue reading

StartUps and IP: Do’s and Don’ts for a Non Disclosure Agreement

The image depicts the scrabble letters of 'start'

Original Date of Publication: November 26th, 2009 Please note that the Do's and Don'ts provided hereunder are broad and non-exhaustive guidelines. Kindly consult a lawyer for specific advise. Do’s 1. Define the meaning of the term Confidential Information to cover all kinds of information that may be disclosed. Exclusions to confidential information may be included within the definition. 2. The purpose for which confidential information is provided must be lucidly stated in the agreement. 3. The parties permitted to access the confidential information must be clearly provided. 4. Ensure that the person receiving the confidential information is under obligation to sign stringent instruments of confidentiality...

Continue reading

The IP Story of Small Enterprises in India

This image depicts several figures in a business conference. This post talks about SMEs and their opportunities. Click on the image to read the full post.

This post was first published on May 22nd, 2012. Value of IP, notional or real, is well recognized in India today. Thanks to the efforts of the government, many people know about patents and processes related to them. After so many training and awareness programs, one would imagine that small enterprises are IP savvy and their house is in order. Unfortunately, that does not seem to be the case in ninety-nine percent of such entities. On taking a quick peek at these companies, any IP professional with the ordinary understanding of business will note that awareness of IP is limited to patents...

Continue reading

Choosing the Right IP Name/Business Representation

This post was first published on March 14th, 2013. Name, logo, device or any other form of business representation is generally the first asset created by an entrepreneur. Often entrepreneurs finalize on a name or logo and develop a strong emotional attachment to it. While it is important to be passionate about your business and its representation, every entrepreneur must take the following steps before finalizing on a business representation: a. Ensure that the name or any other representation shortlisted is capable of achieving strong trademark protection. It is well settled under the trademark law that a fanciful (newly coined word) or...

Continue reading

IP Policy and Process Set Up- Why wait for a wake up call!

The image depicts a warning sign, that reads' Warning. Authorised Personnel Only'. This depicts the idea behind IP protection that gives exclusive rights over the property. This post talks about the benifits of IP protection. Click on the image to read the full post.

First Publication Date: 27th December 2010 Intellectual Property Policy and Process set up is one branch of IP that has long been neglected by a majority of Indian companies especially the SMEs. Most Indian companies come to realize the importance of an IP Policy when they enter into negotiations/business deals/technology transfers with foreign companies or multinationals where the IP hygiene is relatively high. Such a wake-up call comes especially when Indian companies deal with companies from countries where the Intellectual Property laws are very well developed such as Europe, US, Japan, Korea and the like. Companies from these countries do not...

Continue reading

Department of IT to Support SMEs in International Patent Protection

The image depicts a man jumping with the words start up written in the background.

First Publication Date: 8th December 2009 Department of Information Technology, MCIT has introduced a scheme, known as SIP-EIT (Support International Patent Protection in Electronics and IT),in order to provide financial support to Small and Medium Enterprises /Technology Start-Up companies for international patent filing in the area of information technology and electronics. International patent filing includes the PCT(Patent Cooperation Treaty) route or direct filing of the application in any country. However, the applicant has to justify his reasons for choosing a particular country. The prosecution costs involved in international patent filings such as attorney fee, professional fee, statutory fee of patent office, examination...

Continue reading

Intellectual Property for Start Ups and Entrepreneurs

The image depicts a man using his laptop and a 'startup' text in front.

First Publication Date: 25th November 2009 Intellectual Property protection provides business and competitive advantage to a company. While IP is important for all companies, its value for A Start Up Company, especially, a technology or knowledge based company, is very high. In addition to providing business and competitive advantage, IP can play a very important role in enabling a Start Up company to build business relationships, raise funds, face cut throat competition and so on. In the light of the value that can be derived by a Start Up company from IP, its protection and management is very important. Despite the...

Continue reading

Patent Application Filing Strategy for Individual Inventors

The image depicts the words 'Start Up' with the silhouette of a man jumping as the post is regarding patent filing strategies for startups

First Publication Date: 31st October 2009 More often than not, most of the companies, be it mid size or large, and in some cases even start-ups, seem to have some strategy or the other when it comes to filing patent applications for their invention. These companies would have identified the markets in which they want to protect their invention, and they also would be aware of the various methods of monetizing their invention/patent. More importantly, these companies would be ready to infuse funds to realize their objectives. However, the scenario is not quite the same with individual inventors.The phrase individual inventor...

Continue reading

The Importance of Intellectual Property for Entrepreneurs – A Short Talk With Dr. Sudhir Borgonha

The image depicts the word startup in the background with a silhouette of a man jumping, as the post is about startups and Intellectual Property for Entrepreneurs.

First Publication Date: 1st May 2008 Dr. Sudhir is a graduate from St. John’s Medical College and Sloan School of Management, MIT. He has been on the founding team of three life sciences companies which include Angstrom Medica, Massachusetts, a nanotechnology based orthopedics application Company; Triesta Sciences, California, a genomics based cancer research organization and ClinTest International, Michigan. He currently serves as a CEO of ClinTest International and also runs Sandbox, a life Sciences Incubator. Q1. What is the value of IP for entrepreneurs in knowledge driven sectors? IP for entrepreneurs is of tremendous value. Knowledge driven sectors are essentially that -...

Continue reading

Weekly Copyright and Entertainment Law News: India lacks IP Expertise, Game of Thrones leaks, New South Wales government sued for royalties and more weekly copyright and entertainment news

  Indian Copyright Statistics, IP related expertise lacking in India: Parrikar, New South Wales government sued for royalties,  Game of Thrones  Leaks carried out by former Iranian Military Hacker,  Amrita Pandey to head media distribution and OTT for Disney in SEA markets and more is presented by the Copyright and Entertainment Law Attorneys and experts of BananaIP Counsels, India’s Premier New Age IP Firm  COPYRIGHT QUOTE OF THE WEEK “The problem with the Indian IP system is not expertise or scholarship, it is with prejudice and bias”- Dr. Kalyan C Kanakanala, renowned patent and  trade mark attorney. INDIAN COPYRIGHT STATISTICS There was an increase of 20.28% in...

Continue reading