Over the past couple of decades, Intellectual Property has gone from being a necessary side-venture in most company portfolios to being what makes up a majority of its assets. For example, statistics stress on the large proportion of IP assets attributable to Fortune 500 companies.… Read More »Why Must You Pay Attention to IP and IP Strategy?
Trade secrets are a type of intellectual property that refers to confidential business information that is not generally known by others. Trade secrets can include things like recipes, formulas, business plans, and other types of confidential information that gives a company an advantage over its competitors. Trade secrets are valuable because they allow a company to maintain a competitive edge in the marketplace by keeping its information and processes secret.
We have made a whole lot of content relating to how important IP is and how protecting it can help you gain monetary value from your intellectual creations. However, many IP owners still make very common mistakes regarding their intellectual property. The first… Read More »5 Mistakes Commonly Made by IP Owners
To start with, methods of doing business have changed over the years. People in the generations before us tended to focus on traditional businesses. This in turn meant that their level of success or wealth was determined by how much actual property they held in… Read More »What Is the Economic Significance of IP?
Introduction “Metaverse” is a portmanteau of two words; Meta which means “beyond” and Verse which means the “world”. Mark Zuckerberg called it the new the future and “in many ways the ultimate face of technology.” The jury’s still out on how widespread this venture will… Read More »IP Rights in the Virtual World
What is a Geographical Indicator? Articles 22 to 24 of TRIPS deals with GI tags. These articles require countries to provide legal means of giving protection to a good originating from a particular territory of a country, region or specific locality in that territory. India… Read More »What’s the Difference Between Geographical Indicators and Certification Marks?
Introduction Trade-Related Aspects of Intellectual Property (TRIPS) is a World Trade Organization (WTO) multilateral agreement governing Intellectual Property Rights (IPR). The TRIPS agreement provides for civil remedies in its Part III, as given below- Injunction Damages Other remedies Right of Information Indemnification of the Defendant… Read More »What Are the Civil Remedies Given to IP Under TRIPS?
Introduction In today’ world, business is about innovation, upgradation, and creating a new product or service. To do that, people try to make new formulations for existing products or create new ones from scratch. Nevertheless, all of this requires intellectual property right protection, and one… Read More »Why Are Trade Secrets So Important to Businesses?
What Is Cybersquatting? A new revolution is underway in the field of communication, providing cyberspace with an abundance of opportunities. On the internet, domain names have a sizable market all to themselves. It has become necessary for companies to use the internet as a promotional,… Read More »What is Cybersquatting?
Introduction The cornerstone of cultural patrimony is traditional knowledge. The bulk of indigenous and local communities can be discovered in the most bio-diverse and diversified places. For them, the natural world is a way of life and an integral component of their ethnic identity. Traditional… Read More »Examining Traditional Knowledge Through the Lens of IP Law
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