Well, nothing in this world exists without providing any usage or utility to its customers. Same here is the case with Patents as:-
So now we will be taking the very purpose of issuing Patents or sole rights to a company-
Required Details for Patent Filing in India: –
Afterwards,
The Patent Application form can be filed by submitting a few patent forms namely:-
Currently, Patent Forms in India can be submitted online as well as offline.
Two cases come to this section: –
Case 1: –
Patent App. is commonly known as the Patent specification which has to be submitted in accordance with the patentee’s location before Delhi, Kolkata, Mumbai & Chennai only depending upon the jurisdiction in the case of National Phase Applications(NPAs).
Case 2: –
In this case, the jurisdiction of filing will be the office address of the patent attorney.
Following are the Patent App. Forms that must be looked upon: –
Form -1….
It is the Application for grant of Patent.
Form-2….
It is for Provisional/Complete Specification.
Form -3…
It is for Statement and undertaking Under sec-8.
Form -5…
It is for declaration as to Inventorship.
Form -9…
Request for Publication.
Form -18…
Request for Examination of App. for Patent.
Furthermore, The Request for Examination must be filed within 48 months of the priority date of the patent app. or the patent specification filed before the Indian Patent Office will be treated abandoned.
The Patent office in India grants patent protection to inventions which fulfill the conditions of novelty, the non obviousness of and industrial applicability.
Also, it is stated in our Premier Law that it provides intellectual property right services including Patent filing services in India, Trademark and Brand protection, design filing and protection and copyright protection services to global clients in India.
Conclusion: –
Following are the benefits that an individual or a company enjoys after owning their patent of their own concept/invention: –
Increase profit margins through the right to exclusivity.
Earn royalty through licensing activities.
Can gain access to other technologies through Cross-license of patents.
Can be used to secure funding or obtain desired market valuations.
Eliminates competition.
Demonstrates expertise in a particular field.