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Property

Intellectual Property Rights: Powerhouse for Encouraging Innovation and Creativity

Intellectual Property Rights: Powerhouse for Encouraging Innovation and Creativity   By: Surbhi Verma   Innovation and Creativity is impotent for society. We would be stuck in a static economy if there will not be much progress without creativity and ideas. Technological advances in all aspects of life have fundamentally altered the way we interact, move and operate. In this context, the term “innovation” refers to the creation, development and implementation of a new product, process or service, with the aim of improving efficiency, effectiveness or

Intellectual property appellate board (IPAB) set to be abolished

Intellectual property appellate board (IPAB) set to be abolished   The reconstruction of Tribunals has started after the Government of India tabled The Finance Bill, 2017 in the Lok Sabha. Through, the Finance Act, 2017 seven tribunals were abolished or merged with the existing tribunals by the Government on the basis of similarities or types of work done by them, and in this way, the number of tribunals in India was reduced from 26 to 19. For instance, with its roles and

Intellectual Property as a Safeguard for Food and Beverage Industry

Intellectual Property as a Safeguard for Food and Beverage Industry   India is the second-largest nation in the world after China and is experiencing rapid growth with enhanced literacy, evolving habits increased employment and increasing per capita income thus generating new opportunities for the food and beverage industry which would upsurge the scope of Intellectual Property Protection in the food and beverage industry. The Role of IP in Food and Beverage Industry: Intellectual Property plays a major role in the growth of the trade