article thumbnail

Competition Law: The Patent Pendulum

Intepat

When an inventor is granted exclusive rights over their inventions for a specific period of time, it provides a return on their investment in terms of time, resources and capital. The idea that a specific invention will allow the inventor to reap benefits has a direct effect on incentivising inventors to create and invent more.

Law 52
article thumbnail

IP as a political instrument in Russia

The IPKat

One of the first enacted changes concerned the rules for calculation of the compensation paid to the patent owner in the event that an invention, utility model, or industrial design is being used without the patent owner’s authorization. Before the 2021 amendment, such use was allowed only for reasons of public defense and security.

IP 132
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Role Of Ipr In Protection Of Bio Diversity

IIPRD

IPR means legal protection to protect data from new inventions. In exchange for being required to reveal the formula or strategy behind the process, these rights allow the owner to prevent imitators from commercializing the inventions or processes for the specified period of time. INTRODUCTION.

article thumbnail

SpicyIP Weekly Review (May 8- May 13)

SpicyIP

Other Posts World of Possibilities: Single Judge Bench of Delhi High Court Allows Use of Celebrity Information Available in Public Domain Delhi High Court specifies some contours of publicity rights in India! Deadline for the Applications: 11:59pm IST, 23rd June, 2023. Case: Atmabodh v.

Trademark 104