business law
DESCRIPTION
intellectual property rightsTRANSCRIPT
![Page 1: business law](https://reader036.vdocuments.site/reader036/viewer/2022062510/54b4a8ea4a79598e288b4608/html5/thumbnails/1.jpg)
Intellectual property Rights
By Himaja 09114Navya 09127Roopak 09137Sharmila 09143Swati 09150Mohit 09226
![Page 2: business law](https://reader036.vdocuments.site/reader036/viewer/2022062510/54b4a8ea4a79598e288b4608/html5/thumbnails/2.jpg)
Introduction
•Intellectual property refers to the creation of mind
•Rights associated with intellectual property which
gives legal protection is referred to as IPR
![Page 3: business law](https://reader036.vdocuments.site/reader036/viewer/2022062510/54b4a8ea4a79598e288b4608/html5/thumbnails/3.jpg)
April 10, 2023 Intellectual property Rights 3
Introduction….
• Industrial designs • Scientific discoveries • Protection against unfair competition • Literary, artistic and scientific works • Inventions in all fields of human endeavor • Performances of performing artists, phonograms and
broadcasts • Trademarks, service marks and commercial names and
designations • All other rights resulting from intellectual activity in the
industrial, scientific, literary or artistic fields.
![Page 4: business law](https://reader036.vdocuments.site/reader036/viewer/2022062510/54b4a8ea4a79598e288b4608/html5/thumbnails/4.jpg)
April 10, 2023 Intellectual property Rights 4
![Page 5: business law](https://reader036.vdocuments.site/reader036/viewer/2022062510/54b4a8ea4a79598e288b4608/html5/thumbnails/5.jpg)
April 10, 2023 Intellectual property Rights
Classification of IPR
5
IPR
Patents
Industrial Design
Trademarks
Works of Art
Literature
Music
Broadcasting
Dramatics Works
Sound Recording
Computer Programs Geographical Indications
Intellectual Property
Cop
yri
gh
t
![Page 6: business law](https://reader036.vdocuments.site/reader036/viewer/2022062510/54b4a8ea4a79598e288b4608/html5/thumbnails/6.jpg)
IP adds value at every stage of the innovation and commercialization process
Literary / artisticcreation
Invention
Financing Product Design
CommercializationMarketing
Licensing
Exporting
Patents / Utility Models
Copyright
Industrial DesignsTrademarks
Trademarks, Ind. Designs,
Geo. IndicationsAll IP rights
All IP rights
![Page 7: business law](https://reader036.vdocuments.site/reader036/viewer/2022062510/54b4a8ea4a79598e288b4608/html5/thumbnails/7.jpg)
7
Different Acts governing IP assets
Trade Marks
The Patents Act, 1970Patents
The Copyright Act, 1957Copyright
Designs
The Protection of plant varieties and Farmers’ Right Act, 2001
Geographical Indications
Plant Varieties
Semi conductor IC layout design Act,2000
The Designs Act, 2000
The Geographical IndicationsOf Goods Act, 1999
The Trade Marks Act, 1999
Semi conductor IC layout
April 10, 2023 Intellectual property Rights
![Page 8: business law](https://reader036.vdocuments.site/reader036/viewer/2022062510/54b4a8ea4a79598e288b4608/html5/thumbnails/8.jpg)
April 10, 2023 Intellectual property Rights
IP- Duration of Term of Protection
• Patents (14 years)• Trademarks (10 years + renewals)• Copyrights in published literary, dramatic, musical, and artistic works
(Lifetime of author +60 years). • Copyright in photographs ,cinematographic film, sound recordings –
(60 years from year in which it was published)• Broadcast reproduction right-(25 years from the beginning of the
calendar year next following the year in which the broadcast is made.)• Performers right-(25 years from the beginning of the calendar year
next following the year in which the performance is made)• Industrial designs (10 years+ renewal permitted once for 5 years )• Trade-secrets and know how collectively “proprietary technology”
(contract period-protected by contract provisions, doctrine of breach of trust)
8
![Page 9: business law](https://reader036.vdocuments.site/reader036/viewer/2022062510/54b4a8ea4a79598e288b4608/html5/thumbnails/9.jpg)
A patent is an exclusive right granted by a country to the owner of an invention to make, use, manufacture
and market the invention, provided the invention satisfies certain conditions stipulated in the law.
![Page 10: business law](https://reader036.vdocuments.site/reader036/viewer/2022062510/54b4a8ea4a79598e288b4608/html5/thumbnails/10.jpg)
Patent Infringement
• Where any person threats any other person with proceedings for infringement of a patent.
• The colorable imitation of an invention.
• Immaterial variations in the invention.
• Mechanical equivalents.• Taking essential features of
the invention.
10
Section 106. Court has the power to grant following relief in cases of groundless threats of infringement proceedings:
A declaration to the effect that the threats are unjustifiable.
An injunction against the continuance of the threats and
Such damages, if any, as he has sustained thereby. Section 108-The relief which a court may grant in any
suit for infringement includes an injunction and at the option of the plaintiff, either damages or an account of profits.
In brief, the relief which may be awarded in a suit for infringement are-
Interlocutory/interim injunction. Damages or account of profits. Permanent injunction.
Kind of Infringement Relief
![Page 11: business law](https://reader036.vdocuments.site/reader036/viewer/2022062510/54b4a8ea4a79598e288b4608/html5/thumbnails/11.jpg)
Remedies for Patent Infringement
• An injunction to prevent further infringements that led to the dispute in the first instance;
• damages to compensate for loss suffered as a consequence of the infringement or an account of profits made by the infringer as a result of the infringement;
• an order that the infringing articles that are the subject of the dispute be destroyed or delivered up;
• a declaration that the patent was valid and infringed
![Page 12: business law](https://reader036.vdocuments.site/reader036/viewer/2022062510/54b4a8ea4a79598e288b4608/html5/thumbnails/12.jpg)
April 10, 2023 Intellectual property Rights 12
Coverage provided by copyright
• Literary, dramatic and musical work. Computer programs/software are covered within the definition of literary work.
• Artistic work (author’s life + 60 years)• Cinematographic films, which include sound track and video films
(60 years from the beginning of the calendar year following the year in which the work was published)
• Recording on any disc, tape, perforated roll or other device.• Broadcasting (25 years from the beginning of the calendar year
following the year in which the broadcast was made).
![Page 13: business law](https://reader036.vdocuments.site/reader036/viewer/2022062510/54b4a8ea4a79598e288b4608/html5/thumbnails/13.jpg)
April 10, 2023 Intellectual property Rights 13
Violation of copyright
• (a) In the case of literary, dramatic or musical work, not being a computer program-----– to reproduce the work in any material form including the
storing of it in any medium by electronic means;– to issue copies of the work to the public not being copies
already in circulation;– to perform the work in public, or communicate it to the
public;– to make any cinematography film or sound recording in
respect of the work;– to make any translation of the work; to make any
adaptation of the work;
![Page 14: business law](https://reader036.vdocuments.site/reader036/viewer/2022062510/54b4a8ea4a79598e288b4608/html5/thumbnails/14.jpg)
April 10, 2023 Intellectual property Rights 14
Violation of copyright• (b) in the case of computer program –
– to sell or give on hire, or offer for sale or hire any copy of the computer program, regardless of whether such copy has been sold or given on hire on earlier occasions;
• (c ) in the case of an artistic work –– to reproduce the work in any material form including depiction
in three dimensions of a two dimensional work or in two dimensions of a three dimensional work;
– to communicate the work to the public;– to issue copies of the work to the public not being copies
already in circulation;– to include the work in any cinematography film .– to make any adaptation of the work;
![Page 15: business law](https://reader036.vdocuments.site/reader036/viewer/2022062510/54b4a8ea4a79598e288b4608/html5/thumbnails/15.jpg)
April 10, 2023 Intellectual property Rights 15
Violation of copyright
• (d) in the case of a cinematography film –– to make a copy of the film including a photograph of. any image
forming part thereof;– to sell or give on hire or offer for sale or hire, any copy of the film,
regardless of whether such copy has been sold or given on hire on earlier occasions;
– to communicate the film to the public;
• (e) in the case of sound recording –– to make any other sound recording embodying it;– to sell or give on hire or offer for sale or hire, any copy of the ,sound
recording, regardless of whether such copy has been sold or given on hire on earlier occasions;
– to communicate the sound recording to the public;
![Page 16: business law](https://reader036.vdocuments.site/reader036/viewer/2022062510/54b4a8ea4a79598e288b4608/html5/thumbnails/16.jpg)
Trade Marks
•Features of the Trade Mark in India•Procedure of Trade Mark in India•Types of Trade marks•Advantages
![Page 17: business law](https://reader036.vdocuments.site/reader036/viewer/2022062510/54b4a8ea4a79598e288b4608/html5/thumbnails/17.jpg)
Other Intellectual Property Rights
• Trade Secret• Utility Model• Geographical Indication
![Page 18: business law](https://reader036.vdocuments.site/reader036/viewer/2022062510/54b4a8ea4a79598e288b4608/html5/thumbnails/18.jpg)
• India has defined the establishment of statutory, administrative, judiciary frame work for protecting IPR .
• IPR are strengthening day to day• Government has passed a legislation under the
trade related aspects of IPR, to protect them world wide.
IPR in India
![Page 19: business law](https://reader036.vdocuments.site/reader036/viewer/2022062510/54b4a8ea4a79598e288b4608/html5/thumbnails/19.jpg)
Continued…
• Trade and merchandise Act 1958 was replaced with Trade MarksBill 1999
• Copy Right Amendment Act was signed on 30th Dec 1999
• The Sui generis legislation was and named as Geographical indications of good by Indian Government in 1999
• Industrial Designs Bill Act 1999 replaced the then existing designs Act 1911
![Page 20: business law](https://reader036.vdocuments.site/reader036/viewer/2022062510/54b4a8ea4a79598e288b4608/html5/thumbnails/20.jpg)
Indian patent act2005
• This is the third amendment of patent act.• The most significant feature of this
amendment is the introduction of product patent.
• This deals with the availability of medicines, agricultural seeds and their prices.
• It gives exclusive rights to the manufacturer.
![Page 21: business law](https://reader036.vdocuments.site/reader036/viewer/2022062510/54b4a8ea4a79598e288b4608/html5/thumbnails/21.jpg)
Steps taken by Indian pharmaceutical companies
• They realized the importance of R&D• It is impossible to survive in post patent
period.• Most of the Indian companies increased their
expenditure on R&D by 7-10%
![Page 22: business law](https://reader036.vdocuments.site/reader036/viewer/2022062510/54b4a8ea4a79598e288b4608/html5/thumbnails/22.jpg)
Steps of Indian Govt Towards Protecting IPR
• Distributed copy right law for free of cost.• Special cells for copy right enforcement have
set up in 23states and union territories.
![Page 23: business law](https://reader036.vdocuments.site/reader036/viewer/2022062510/54b4a8ea4a79598e288b4608/html5/thumbnails/23.jpg)
Advantages of IPR
• Exclusive rights to the inventor /owner of the property
• It provides legal protection to their property• Rights provided under IPS also helps in Socio
economic Development of the individual
![Page 24: business law](https://reader036.vdocuments.site/reader036/viewer/2022062510/54b4a8ea4a79598e288b4608/html5/thumbnails/24.jpg)
Thank U