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Welcome to Patwise Consulting Solutions- Patent Consultant|Patent Rights|Patent Company|Patent Services:
WHY GET A PATENT PROTECTION?
Most of the innovators, today understand the importance of protecting their innovations prior to publishing. Inventors understand that patents protect them from being copied and hence a Patent application provides a form of legal security to the innovator ascertaining the ownership of the inventions. However, many benefits of a Patent are still unknown to a majority of Patent holders which include
- Exclusive rights: Patent applicants have the exclusive right to possess the invention, similar to possessing a physical asset. Patent holder excludes any other person from using your invention.
- Strong market position: An off shoot of the exclusive right, Patent applicants are able to prevent others from commercially using the patented invention, thereby reducing competition and establishing the patented product in the market as the pre- eminent.
- Opportunity to license or sell the invention: If the Patent applicant does not want to market the invention, they can sell/License/Lease the invention.
- Building a Patent Portfolio:As an Organisation, having a series of patents and building the Patent portfolio ads revenue, market position, and value as an innovation driven company. Further, these Patents are used in both defensive and offensive Patent strategies to protect the business interest of the company.
STAGES OF PATENT
- Patentability opinion & consultation
- Optional Patent Search
- Patent Drafting & Application filing
- Patent Prosecution –Publication, Examination by Patent office, Reply to the Objections if any, Hearing if any
- Issuance or Appeal
- Renewal and Maintenance of Patent
- Optional Patent Valuation – Licensing opportunities such as Royalty and sale.
SHOULD WE CONDUCT A PRIOR-ART PATENT SEARCH?
Prior to spending your time and money filing a Patent application, you should do an optional search to see if the innovation is already in use or patent protected across the world.
A search will help avoid obvious duplications of an already existing Patent innovations. If the Indian Patent office rejects your application, the fees to Patwise and the Indian Patent Office are not refundable. Hence it is best practise that the applicant, to be aware the present state of the art in the technology now rather than invest in the Patent application and being rejected at a later stage.
If you are interested in obtaining a Free Basic Patent search or have questions about the process, please contact us today to start the registration process
FREQUENTLY ASKED QUESTIONS
According the Indian Patent Act, a patent in India can be filed by:
- Form 1 – Inventor details, Assignee details, Declaration by Inventor/assignee
- Form 2 – Patent Specification, Drawings, Abstract and Claims
- Form 3 – Update Status of all Patent application outside of India.
- Form 5 – Declaration of Inventorship by all inventors.
These forms will be prepared by Patwise, once the Patent specification is drafted and ready to be filed.
After filing of Patent application, and on the request for examination submitted by the Patent applicant, the patent is taken up for Examination. The Patent examiners is a subject matter expert in Patents and the relevant technology in which the patent is filed. The patent examiner examines the Patent for all requirements in the Indian Patent Act and drafts an examination report with the examiner’s opinion. The examiner based on evidence such as prior publication or Prior granted available resources accepts or raises objection for grant of the application. If the examiner raises any objection, the applicant is provided an opportunity to clarify the objections and request for grant of the Patent.
Patent Publication is the publication of all Patent application filed by the inventors/assignee at the 18 th Month of the application in the IP Journal which is published weekly in the Patent office website. This is a mandatory process under the Indian Patent Act. The Patent act offers every citizen in India an opportunity to know that the published application is applied for Patent by the applicant, hence if granted the innovation cannot be used by others for commercially exploiting the same. The opportunity can be used by an individual to file opposition if they have any documented evidence that the supposed application is not qualified for a Patent grant.
An inventor(s) is any and all person who have contributed substantially to the Novelty and Inventiveness of the invention as filed in the patent application. An inventor is an individual only. Unlike publication, all inventors are equally contributed to the Patent application.
An assignee is an individual or company, who has the commercial rights to the Patent application. The assignee can be all inventors, company or combination or inventor and company
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