IP IN INDIA


Patents: “P


atents are like lotteries, in which there are a few prizes and a great many blanks,” The Economist


newspaper wrote in 1851. The quote aptly describes the uncertainty that exists in relation to the commercial value of patent rights. No doubt patent rights are considered valuable forms of intangible assets and have


an asset or a liability?


Registering and defending a patent may in some cases Ashutosh Kumar and Saurabh Anand of Singh & Singh Lall & Sethi.


great commercial value for the businesses that own them. However, sometimes a patent right might


end up being a liability rather than an asset for the owner, particularly when a party invests more in securing and protecting its patent than in recouping fi nancial rewards by commercially exploiting it.


68 World Intellectual Property Review May/June 2015 T is article will discuss and highlight a few


factors that may aff ect the commercial worth of a patent. Further, it will discuss an evolving jurisprudence which, if accepted and followed worldwide, may further diminish the value of a patented monopoly. A patent is considered an asset as it allows its owner to exclude competitors from the


www.worldipreview.com


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96  |  Page 97  |  Page 98  |  Page 99  |  Page 100