MVIRDC World Trade Centre Mumbai organised a workshop on Understanding Intellectual Property System and Strategising Business through Patent on September 25, 2018. Mr. Parvez Kudrolli, Senior Associate, Institute of Intellectual Property Research & Development conducted the workshop.
Mr. Kudrolli explained the defining features of intellectual property rights and its differentiating characteristics from immovable property rights. He said intellectual property rights are legal rights for intangible properties and are the creation of brain or intellect. The owner of the rights can enjoy his intellect’s product and prevent others from using them and gaining from them. Intellectual property rights can be bought, sold or licensed.
The main types of intellectual property rights are patents, copyrights, trademarks and designs. Mr. Kudrolli explained with examples the difference between these types of intellectual properties. Elaborating the key features of patents, Mr. Kudrolli said patents are granted for a product or process that fulfils the three criteria viz. newness, inventiveness and usefulness. The inventor of a product or process must prescribe the technical features of the invention and drawings while applying for patent, Mr. Kudrolli informed. He clarified that no proof of concept or prototype is required while filing patent application.
Mr. Kudrolli illustrated with examples the kind of actions that amount to violation of intellectual property rights and the legal process to prosecute violators of such rights.
During the workshop, Mr. Kudrolli answered several queries raised by the participants regarding the types of intellectual property rights appropriate for their business, the legal process involved in registering the intellectual property rights and ways to protect their intellectual property rights.
The workshop was attended by representatives from trade and industry, law firms, consultancy organisations, technologists and other freelancing professionals.
A view Mr. Parvez Kudrolli, Senior Associate, Institute of Intellectual Property Research & Development conducting the workshop.
Seated (L-R): Mr. Parvez Kudrolli, Senior Associate, Institute of Intellectual Property Research & Development and Ms. Debjani Chowdhury, Advisor, MVIRDC World Trade Centre Mumbai.