The Rise of Patent Monetization Strategies in the Digital Age
In today’s rapidly evolving digital economy, intellectual property (IP) has become a critical asset for businesses. Among the various forms of IP, patents hold a special place as they grant exclusive rights to inventions, often giving companies a competitive edge in the market. Traditionally, patents were primarily used as defensive tools to protect innovations from […]
Emerging Markets and the Shift in Global Patent Filings
The landscape of global patent filings is undergoing a significant transformation, driven by the rapid economic growth and technological advancement in emerging markets. Traditionally dominated by the United States, Europe, and Japan, the global patent system is now witnessing a shift towards countries like China, India, Brazil, and other emerging economies. This shift is reshaping […]
A Patented Device VARUN Granted to Guwahati Based Veteran Tea Planter Ranjit Chaliha
This patented device, called “VARUN”, is the first and only device of its kind in the world that promises to benefit the tea industry during the tea production season. Controller of the Patent Office of the Government of India grants Gwahati-based veteran tea planter Ranjit Chaliha a patent on the development of a new device […]
Tesla gets patent for automatic tire inflation system
The United States Patent and Trademark Office (USPTO) issued a Patent to Tesla, Inc (US11254170 B2), dated February 22, 2022. According to the specification, Tesla’s latest patent is for an Automatic Tire Inflation System (ATIS). Proper tire inflation pressure is important once operational a commercial vehicle because it will have an effect on fuel potency […]
What is Patentability or Novelty Search?
Novelty Search or Patentability Search is conducted when Inventors plan to file Patent or in the early stages of the invention. The main idea to conduct the searches is to determine whether Invention is patentable or not. This search is performed when an inventor is planning for applying for a patent and wants to know […]
Patent Application Filing: A Complete Overview
Filing a patent application is one of the biggest steps toward getting a granted patent. Patent Application Process involves explaining your invention, defining claims, preparing technical drawings, and doing searches to ensure the idea is original. A Proper Patent Application Process Includes Description defining the invention and how it works Written claims that define what […]