31 May 2016

There has never been a better time to be an entrepreneur in India than in the past three or four years. Thousands of start-ups are burgeoning, offering solutions that help improve different facets of life. It is perhaps natural for entrepreneurs to marshal their limited resources (both money and people) and focus on solution creation, business development and securing funding. But it is important for them to realize that in a hyper-competitive environment, others may come up with their own solution ideas and unless the first-mover acts quickly to protect its IP, the risk always exists that their innovation may be deliberately or unwittingly copied, thereby compromising the entire business.>>

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30 May 2016

The Government of India, Ministry of Commerce and Industry (Department of Industrial Policy and Promotion) vide its notification dated 16th May 2016 has published the Patent (Amendment) Rules, 2016 (hereafter the Rules) and the same has been made effective from the date of publication. The amendments have overhauled the existing Rules, mostly to push forward the Patent Office as well as Applicants, for reducing the time taken for examination of patent applications and overall time consumed in granting of a Patent in India. The Rules have also introduced special provisions for facilitating startups, which are in tune with the new National IPR policy.>>

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17 May 2016

With the objective of stimulating India’s intellectual property rights (IPR) system to make it more dynamic, vibrant and responsive to the growing push being given to innovation and entrepreneurship, the Union Cabinet has approved the National IPR Policy on 12th May 2016. This was announced via a press release dated 13th May 2016.  >>

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