So how is it possible that there is a single world-wide application but no world-wide content? Patents are granted by individual countries, not by any international authority. Soon the European Union will change this by granting Europe wide patent, but even then to obtain a patent around the world multiple jurisdiction will need to authorize [...]
The cost of hiring a attorney to draft a patent application can price some inventors out of the market, so they are left with the choice of doing something of their own. Inventors who are going to attempt to draft their own patent application need to go into process keeping their eyes open wide, realize [...]
What is Traditional Knowledge Digital Library? Traditional Knowledge refers to perennial practices that have been ingeniously developed, evolved or preserved and utilized overages by local communities. This knowledge exists in a variety of realm such as medicine, agriculture, and is disseminated through stories and rituals or has been percolated through generations by word of mouth. They [...]
Inventors who are willing to draft their own patent application need to go into the process with their eyed wide open, realizing that the resulting patent application will be better if a patent attorney is involved in drafting, and most importantly understand that numerous things that you can and likely will do that will lead [...]
The concept of valuation in the intellectual property and other intangible assets of a company is new as compared to other concept of intellectual property law. The value of an IP is monetary compensation that is expected to be received from licensing of an IP or form sale or exchange of other intangible asset. The [...]
A Patent search is used to determine whether the time and expense of moving forward with a patent application is a worthwhile endeavor. The patent process can be expensive expensive so the last thing you want to do is spend a lot of time and money preparing and filling an application when there is easy [...]
