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IP, Patents for Start-ups and Entrepreneurs XII-IP Licensing

You have cultivated an IP portfolio for your start up with trademarks, copyrights, patents, know-how, trade secret and designs, what now?  These assets of your organization can be retained through their life and can be used tactically to keep competitors at bay.  However, there are instances where your IP rights could be shared with others in return for compensation.  This is referred known as IP licensing, where if you do an outright sale of the IP asset it is considered…

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Start-up

Importance of IP For Start-ups and Entrepreneurs (Part XI): IP Valuation for Start-ups

  Starting up can be exhilarating, rewarding, and exhausting.  With your focus being on product development, managing investments, building key partnerships, and attracting the right employees, your intellectual property and its role can sometimes be relegated to the backburner.   Intangible assets such as Copyrights, Trademarks, Trade Secrets and Patents are playing an increasingly central role in start-ups and their transactions.  The creation of intellectual property, it’s licensing and commercialization is the new reality.  As a part of any valuation by a…

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MSF Initiates Legal Action Against ‘Phantom’

After being banned by the Lahore High Court on the ground of ‘filthy propaganda’, it is now MSF’s (Medecins sans Frontieres) turn to draw the sword against ‘Phantom’, the Indian action thriller directed by Kabir Khan, starring Saif Ali Khan and Katrina Kaif. Phantom, which was released on 28th of August, 2015 revolves around the story of an aid worker who helps a disgraced Indian soldier to assassinate Pakistani extremists, who orchestrated the 2008 Mumbai terror attacks. The trailer of…

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The featured image is of the Lion Capital which consists of the Ashoka Chakra, with a horse and bull on either sides, and an hoisted Indian flag below it. The Lion Capital is the national emblem of India. The image is related to the post as it is a part of the Sinapse Series"Intellectual Property (IP) in India: A Decade of Progress". To read the post click here.

Intellectual Property (IP) in India: A Decade of Progress Part 11

The post below gives statistical information about the progress made by India with respect to Pharmaceutical Patents. The Indian Patents Act amendment of 2005 ushered in a new atmosphere for the Pharmaceutical industry in the country. The amending act of 2005 made the Patents Act, 1970 substantially compliant to the TRIPS agreement signed by India in 1995. This post seeks to provide a statistical analysis of “A Decade of Pharma Patents in India”. The Pharmaceutical industry has perhaps been one…

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Airplane

When Patents and Planes Travel Faster than Sound

How would you like to have Breakfast here in India, Lunch in America and be back home for dinner in India, all of it, being done on the same day!! Sounds unbelievable? Well, believe it! Patents seem to be flying out of the USPTO faster than the speed of sound! On July 14, 2015 a patent [US 9,079,661]was awarded to Airbus, also known as the European Aeronautic Defence and Space Company for an invention titled "Ultra-Rapid Air Vehicle and Related…

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Start-up

Importance of IP For Start-ups and Entrepreneurs (Part X): Checklist for Start-ups

  These are some basic questions VCs and Investors ask before investing in a start-up. What is the value of Intellectual Property (IP) for the start-up’s business, revenues and competitive advantage in the market? Is the start up IP driven? How strong is the start-up’s IP portfolio when compared with its competitors? Is the IP ownership clear, and are all link documents in place? Will the IP Portfolio help in retaining revenues, and opening new revenue…

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Start-up

Importance of IP For Start-ups and Entrepreneurs(Part IX): IP Risk Clearance Checklist

Clearing IP Risks is very important before starting a business. A mistake with respect to this can kill a start-up. Some basic IP clearance steps to be taken by all start-ups and entrepreneurs are: Patent Risk Clearance Check if your business idea is the subject of any IP/Patent protection by another person or entity. Perform a patent search to check if any patents cover any aspect of your business. If your business…

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Changalikodan banana variety gets GI Protection

  Glad tidings to all our readers! It is a happy Onam indeed, as Kerela adds another feather to its GI hat. Besides the ‘Palakkadan matta’ rice, ‘Vazhakkulam’ pineapple, ‘Pokkali’ rice, Wayanadan’ scented rice varieties ‘Gandhakasala’ and ‘Jeerakasala’ and Central Travancore jiggery, the ‘Changalikodan’ banana variety has also found a place in the GI list.  The news of Kerela’s famous Nendran banana variety “Changalikodan” getting GI status was made official recently at a public event, by the Thrissur district panchayat president…

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Featured Image is of the IIMB, as the post is about an NSRCEL organised panel discussion on intellectual property for start-ups in the IIMB auditorium on 5th September. To read the post click here.

IP for Start-ups: An NSRCEL-IIMB event

On the 5th of September, 2015, NSRCEL has organised a panel discussion titled ‘IP for Startups’, to help start ups and entrepreneurs understand the Dos and Don’ts of IP management and its importance in the context of business. NSRCEL or the Nadathur S. Raghavan Centre for Entrepreneurial Learning, considered to be a hotbed for promising entrepreneurial talent, was founded in 2002, at the renowned Indian Institute of Management Bangalore (IIMB). The centre was founded with the objective to provide a…

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