What is IP WATCH SERVICE:
A constant periodical check or scrutiny is done by using this tool to find out whether someone else is using your IP or applying for registration of your valuable IP.
Theft of knowledge and data’s (Data Piracy) brings a tremendous loss to a person or organization in their development and hence protecting the same is most mandatory now.
IP watch services are just like a boundary markers and a watchman who will preserve your property against any intruder or illegal users or from any theft.
By watching periodically the IP journals published by Govt authorities and by having constant surveillance will protect your technological infringement and willful misuse
A. IP WATCH DOG SERVICE:
Trademark, Patent or IP, there is always a threat of infringement. Safeguarding your valuable IP is most important after IP registration. In order to protect ones, valuable IP, the IP watch service is essential and obliging.
B. LICENSING / ASSIGNING OF INTELLECTUAL PROPERTY
In current scenario each individual is coming up with new ideas, concepts, inventions, brands, artistic works, designs, software programs, new products and so on.. But all of the persons do not create everything for public use due to lack of resources. Thus to encourage such people the laws were drafted to give them opportunity to earn by means of licensing, assigning their works to a sourceful organization or institution, where by commercialization becomes easier.
Now a day’s lots of organization and Universities are opening up for the individual inventors to monetize their work if it is very valuable to public. Therefore, any utility IP can be monetized by in a smart way by licensing the Brands, Transferring the Technology and assigning the designs to some other Organizations.
We support the essential provisions of IP Licensing or assigning
The licensor and Licensee/ Assignor or assignee
The rights of both the parties
Royalty deserver by Licensor or assignor
Term of Licensing & assigning various aspects.
C. IP INFRINGEMENT LITIGATIONS
Infringement means violation of one’s exclusive right granted by the sovereign of a Country. If an IP owner is enjoying his monopoly rights granted to him and any infringer causes damage or violates his rights then IP litigation comes into play to rescue the IP owner.
In case of infringer of your intellectual property be it Trademark, copyright, patent, designs, trade-secrets etc., the remedy can be obtained by means of litigations. When IP infringement turns out, the holder may sue for aid in the appropriate court. The IP owner can seek the court for an injunction to put a stop to the continuation of the infringement and may also ask the court for an award of damages caused to him due to infringement of his rights.
D. IP VALUATION SERVICE
Intellectual Property is considered as one of the most vital asset for the company or organization and to know the value of your IP. As Intellectual Property is an Intangible asset, the valuation process depends on various criteria and can be derived by number of theories.
The steps for valuation is that of Identifying the Assets, then determining the context of valuation and the next is to select and apply the appropriate valuation method.
The use of ascertaining the value of our IP can be used for
Mergers
Acquisitions
Bank Loans
Financial Reporting
Increase share values
Our law firm follows the best practices of IP valuation to ensure quality of the process and its execution.
E. IP ASSET MANAGEMENT
IP management helps in building brand identity and makes a company standout in crowd by displaying their unique identity in the market. This brand identity and uniqueness created, brings a reputation for the company among the public and so brand value increases.
IP covers a wider category and its management is most complex. Intellectual property is the most valuable right and at the same time most puzzled right, hence the management is highly technical as well as legal. Management of IP includes renewal of Trademark, Patent etc, Licensing, assignment and safeguarding the IP of the organization.
Effective IP Management involves the following key areas:
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Planning
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Responsibility
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Communication
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Evaluation & reporting
All the organization possesses IP rights such as Trademark, copyright, patents, designs, trade-secrets and much more. The IP assets forms the backbone of the organization’s growth and managing them and protecting its confidentially is most important. Most of the organization does not know the value of IP assets which they posses, we as practiced professionals help all our corporate to understand ,by making them comprehend about the value of IP, they posses. We support them in managing, protecting, monetizing their IP rights in a most efficient manner. To maintain their own IP rights is a time consuming process, so we help in training corporate to manage by themselves or otherwise we help them manage their IP asset on their behalf.