Globalization is a double-edged sword; creating opportunities for companies on one hand and jeopardising their innovation without a proper unified patent regime on the other hand. There is an undeniable nexus between the phenomenon of globalization and the need for patent harmonization in the global economy. In order to understand their link, the term ‘patent […]
Patenting in biotechnology can be safely arrived at when law and morality are juxtaposed together. Patent laws involve no simple application and implementation process as maybe the case with other laws. The patenting system has umpteen restrictions set upon it and a myriad of limitations that it is bound by, due to its conflicting and […]
India’s software patenting approach allows for judicious use of patent protection, resulting in the alleviation of the risks involved of trivial patents that would have otherwise choked the innovation and drive of the software industry. India’s Information Technology sector is the most forthcoming in terms of export and research and development, with various IT sector […]
Competition law and Patent law are at conflicting ends, but a positive relationship between the two can be derived if a balance is achieved. The world has long debated and unarguably still continues to debate about the co-existence of the IP laws and the Competition laws that are prevalent together in every part of the […]
The economic growth derived out of the patenting system outweighs the drawbacks it carries. In the 21st century, it is assumed that everyone is fully abreast of the real-time and theoretical utility of the patenting system which is used in almost all the countries of the world today. Under a World Trade Organization’s (WTO) agreement, […]
The fact that Traditional Knowledge is being widely discussed in different international forums points out to the fact that it encompasses both opportunities and challenges. Indigenous and native communities who through the decades and centuries have preserved and propagated the traditional knowledge sources that have been developed by their communities and have been prevalent in […]
Competition law and Patent law are at conflicting ends, but a positive relationship between the two can be derived if a balance is achieved. The world has long debated and unarguably still continues to debate about the co-existence of the IP laws and the Competition laws that are prevalent together in every part of the […]
‘A tool to level the employment opportunities for all individuals’ An Affirmative Action plan or program is considered to be an organization tool structured to make sure that every individual gets an equal employment opportunity. A central idea underlying affirmative action is that with time, an employer’s workforce will usually demonstrate the gender, racial, and […]
‘The internal rule book that every company must have and work by’ The articles of association is a record that identifies the rules for a company’s functioning and defines the company’s aim and lays down how tasks are to be performed within the organization which includes the process for appointment of directors and handling of […]
‘Legal responsibility of a corporation for criminal actions of its employees’ A corporation is a body that exists only by its employees. It can be held liable for the criminal acts of its employees only until the employees are acting within the scope of their employment and their conduct is for the interest of the […]
Rights and liabilities of the entity that acts as the holder of debenture stock for the interest of another party A debenture is a type of formal loan given to the company by another individual. The company is then under an obligation to reimburse the loan within a specified period of time with interest. A […]
‘How illegal reproduction of work influence the profitability of businesses’ Piracy is the unlawful reproduction i.e. either copy or forging of work (software, recordings or motion pictures). Piracy has become easier with the advanced evolution of technology and more prevalent at the same time. Secured music can be downloaded from the Internet without actually paying […]