Author - AAA IPRIGHT5

Australia: Patent box legislation introduced to parliament
17 Jan

Australia: Patent box legislation introduced to parliament

Following extensive public consultation, the bill sets out the proposed design of the patent box which implements a concessional effective income tax rate of 17% for eligible income derived from medical and biotechnology patents with effect for income years starting on or after 1 July 2022. The Morrison Government today introduced legislation to create Australia’s first Patent Box to drive more investment, create more jobs and back Australian companies to commercialise their cutting‑edge innovations in Australia. The Bill implementing Australia’s highly [...]

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Options for expediting the patent application examination process in China
16 Jan

Options for expediting the patent application examination process in China

The examination for a utility model patent application is relatively short under China’s current patent examination system, taking six months to one year to be granted, whereas the examination procedure for an invention patent application is much longer, taking at least 2-3 years to be granted due to the substantial examination. The applicant, on the other hand, often wants for such a patent to be issued as soon as possible. As a result, the question of how to expedite the [...]

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The key of IP protection - effective communication
14 Jan

The key of IP protection – effective communication

The greatest thing about effective communication is that it provides the parties significant benefits in terms of timing. To avoid legal consequences, IP infringers – who are frequently already on high alert for fear of being caught — quickly switch methods or erase evidence. It is essential to communicate If communication breaks down, it becomes more difficult to devise an effective strategy, and the ideal time for conducting an investigation or obtaining evidence is likely to have closed. This might lead [...]

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An Overview Of Indonesia's Patent And Trademark E-Filing System
07 Jan

A Look At Indonesia’s E-Filing System For Patents, Designs, And Trademarks

Indonesia’s intellectual property e-filing system, which was gradually implemented in recent years, became a critical tool during the COVID-19 outbreak since it enables for the submission of intellectual property applications remotely at any time. The increasingly feature-rich system, which now allows the Directorate General of Intellectual Property (DGIP) to accept all forms of intellectual property submissions online, is a significant step forward for the country’s intellectual property operations. Now that the online system is up and running, it’s time [...]

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Why Should You File A Design Patent Application In The United States?
03 Jan

Why Should You File A Design Patent Application In The United States?

Design applications can be a low-cost approach to protect a marketed product from rivals, or they can be used to enhance other utility application protection. The design and look of a marketed product may have a significant impact on market acceptability and success. Separate from the function of the product, an eye-catching appearance and the look and feel of the product may justify protection in a design patent. Benefit of design patent protection A design patent’s main advantage is that it [...]

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What is the Purpose of Patents in Startup?
31 Dec

What is the Purpose of Patents in Startup?

A patent is a government-granted legal monopoly in exchange for public disclosure of an invention. A patent grants the owner the right to prevent others from exploiting the invention in the region covered by the patent. A patent can be extremely valuable to the owner. A patent permits the owner to profit from his or her invention without fear of competition. They can either work on the patent themselves, such as by producing the patented goods, or they can license [...]

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What Are Damages In The Chilean Patent Law?
29 Dec

What Are Damages In The Chilean Patent Law?

One of the most important objectives of the patent owner in the enforcement field in the case of a patent infringement is the eventual damages incurred by the infringer. In this regard, Chile’s industry property legislation stipulates that a civil action can be filed before a civil judge to accomplish the following objectives: The cessation of the acts infringing the protected right; Compensation for damages; Adoption of the measures necessary to avoid the continuation of the offense The publication of the decision, at [...]

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What Are the Differences Between Fair Use and Fair Dealing?
26 Dec

What Are the Differences Between Fair Use and Fair Dealing?

The fair use concept is an element of copyright law in the United States, and fair dealing rules exist in other countries. Find out what these two terms mean and how they pertain to copyrighted works. Copyright protections are obtained by a person who makes an original creative work, such as a book, music, film, or image, as soon as the work is fixed in a physical medium, such as paper, CD, or data file. With one exception: under the [...]

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Scope And Prospects For The Global Semiconductor Intellectual Property Market
23 Dec

Scope And Prospects For The Global Semiconductor Intellectual Property Market

According to The Business Research Company’s ‘Semiconductor Intellectual Property Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026,’ the semiconductor intellectual property market is predicted to grow at a compound annual growth rate (CAGR) of 11.1 percent from $5.06 billion in 2021 to $5.62 billion in 2022. Companies are restarting operations and adjusting to the changes normal as they recover from the COVID-19 impact, which had previously resulted in restrictive countermeasures such as social distancing, remote working, [...]

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The global market for intellectual property rights and royalties management expected to reach $16.1 billion in 2026
21 Dec

The global market for intellectual property rights and royalties management expected to reach $16.1 billion in 2026

By 2026, the global market for intellectual property rights and royalties management is expected to reach $16.1 billion. The legal rights in an existing intellectual property work allocated to a corporate entity or individual are referred to as intellectual property rights. Due to the risk of problems developing at the time of mergers, acquisitions, partnerships, and contracts, major commercial organizations have been concerned about registering and protecting intellectual property. Software solutions for intellectual property rights and royalties management aid businesses [...]

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