A PRESENTATION ON

INTELLECTUAL
PROPERTY
BY
KUNAL SONAWANE(141)
PRAVIN SHEWALE(131)
SONAR TUSHAR(140)
PUNE HRUSHIKESH(124)
WHAT IS INTELLECTUAL PROPERTY?

Intellectual Property is something produced using human intellect which has

commercial value.

Often intangible in nature, but usually contained on a tangible, fixed medium-

paper, CD, computer chips…..
PATENTS
• A patent is a legal title granting its holder the exclusive right to make use of an invention for a limited area
and time by stopping others from, among other things, making, using or selling it without authorization.

• In return for this right, the applicant must disclose how his invention works in sufficient detail.

• When a patent is granted, the applicant becomes the owner of the patent. Like any other form of
property, a patent can be bought, sold, licensed or mortgaged.

• Patents are territorial rights, so an Indian patent will only give the owner rights within India and rights to
stop others from importing products into India.
 COPYRIGHTS

• Copyright protects the form of expression rather than suject matter of writing.
• Copyrights are usually issued against Literature, Films, Music, Art,
Photographs, Plays etc
• India has a very strong and comprehensive copyright law based on Indian
Copyright Act. 1957 which was amended in 1981, 1984, 1992, 1994 and 1999
(w.e.f.January 15, 2000).
• Usually lifetime of the author until sixty years following the year of death of
author.
TRADEMARKS

• A trade mark is any sign which can distinguish the goods of one trader from those of
another. Sign includes, words, logos, pictures, or a combination of these.
• A trade mark is used as a marketing tool so that customers can recognize the product of
a particular trader.
• To register a trade mark , the mark must be:-
distinctive, and, not deceptive, or contrary to law or morality, and, not identical or
similar to any earlier marks for the same or similar goods.
TYPES OF PATENTS

• BIOLOGICAL PATENT: Include biological technology and products, genetically modified organism.
• BUSINESS METHOD PATENT: Includes patents on new types of E-commerce; and on methods of doing
business in insurance, banking, taxes etc.
• CHEMICAL PATENT: Patent for invention in chemical or Pharmaceutical Industry
• DESIGN PATENT: It is a form of legal protection granted to the ornamental design of a functional item.
• SOFTWARE PATENT: It is patent on piece of software, such as a computer program, libraries, user
interface or algorithm
PATENT LAWS

• EFFECTS
• CHALLENGES
• INFRINGEMENT
• ENFORCEMENT
• OWNERSHIP
“FIRST TO INVENT AND FIRST TO APPLY”
PARTS OF PATENTS:
• ABSTRACT
• BACKGROUND OF THE INVENTION
• SUMMARY OF THE INVENTION
• FIGURES WITH BRIEF DESCRIPTION
• DETAILED DESCRIPTION OR SPECIFICATION
• Fully discloses what the invention is?
• How it is made?
• How it can be use?

• CLAIMS : Sets the legal boundaries of protection

• Independent
• Dependent
CASE STUDY
• TITLE: Electronic Control system for gyroscopically stabilized vehicle.
• INVENTORS:
• Daniel Kee Young Kim, San Francisco, CA(US)
• Kevin Bretney, San Diego, CA(US)
• Andrew Shao, Seatlle, WA (US)
• Andrew L. Tsang, Medford, MA(US)
• ASSIGNEE: Lit Motors Corporation, San Francisco, CA(US)
• APPLICATION NO: 12/875,047
• FILED: Sept. 2nd ,2010
• PATENT NO: US 8,532,915 B2
• DATE OF PATENT: Sept. 10th 2013
THANK YOU