The Significance of Registering a Patent in Kolkata
There are several benefits to registering a patent in Kolkata, including:
- Ownership or exclusive rights to the original idea.
- The power to prevent unapproved production, use, or sale of the invention.
- The patent's usage in sales, licensing, or other contexts.
- The power to sue people who infringe upon patents and demand payment.
- Encourages creativity and exploration, and development, all of which can strengthen economic expansion.
Requirements for Filing a Patent in Kolkata
- The invention must be new.
- You must be the one who invented it or is the owner of the invention.
- The act of publishing should not be used to make the creation public.
- The applicant is necessary to submit a complete description and the invention's specifications.
Benefits of Registering a Patent in Kolkata
Benefits of the Patents Act of 1970 include the following:
Legal Safeguard: Registration provides the patent holder robust legal protection. The ability to sue the infringer and demand payment is available to the patent owners. In the absence of registration, this protection is useless.
Trade or Sell Patent: To generate revenue, a patent owner might just sell, transfer, or franchise their invention.
Twenty Years of Relevance: A patent registered with Kolkata is good for 20 years from the registration date.
Supports Enterprise Expansion: An inventor with a registered patent will get access to prospects for capital growing in addition to business expansion.
Get Royalties: The patent holder may get royalties by licensing their product to another company.
Monopoly: After patent registration, businesses and investors can benefit from market monopolies and gain advantages over competitors.
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