Technology transfer is the process by which basic science research and fundamental discoveries are developed into practical and commercially relevant applications and products. In developing countries, technology transfer is considered as part of the bargain in which they have agreed to protect intellectual property rights.

Transfer activities include filing for patents; technology marketing; licensing; protecting intellectual property arising from research activity; and assisting in creating new businesses and promoting the success of existing firms. The result of these activities will be new products, more high-quality jobs, and an expanded economy.

In IT business, the technology required for production of a successful IT device is often dealt with in bulk and there have been considerable developments in pooling (or platforming) of the IPRí»s in relevant areas for mass licensing and cross licensing among the industry. Thus, in some areas, the IPRí»s can be a good source of business apart from the fact that they arise from the underlying technology. This means that IPRí»s based on technology is used not only for industrialization of the underlying technology but also for creating a new business by and of themselves as intangible rights and inventory for the business.

We evaluate and manage intellectual property licensing related to invention portfolios, patent prosecution, negotiates licensing agreements and periodically revise cooperative research agreements already in place. With the world-class firms such as Nokia, Qualcomm, Motorola, Sony Ericsson, Lucent, we have negotiated and documented strategic alliance and intellectual property licensing so that we may contribute to guard against the outflow of industrial wealth of a defending country.

 Patents are granted by a government authority conferring the exclusive right to make, use or sell an invention generally for a period of 20 years. It is counted from the date on which the application for the patent was filed.

 In order to be patentable, an invention usually needs to meet the requirements of absolute novelty (previously unknown to the public), non-obviousness containing sufficient innovativeness to merit protection and industrial applicability or usefulness.

Patents may be granted for all types of processes and products, including those related to the primary sector of production, namely agriculture, fishing or mining, etc. It is not uncommon to seek business method patents these days. Patent-like protection is conferred for functional models and other `minor' innovations under utility-models.

Trademarks are signs or symbols including logos and names registered by a manufacturer or merchant to identify goods and services. A valid trademark allows the owner to exclude from commerce imitations likely to mislead the public. Protection is usually granted for ten years, and is renewable as long as the trademark continues to be used. Trademark is often essential to support a franchise system.

Unlike a patent, copyright protects the expression of an idea, not the idea itself. This means that protection is only extended to the form in which an idea is expressed, for example, the particular writing of instructions in a computer program, but not to the concepts, methods and ideas that are expressed.  
Copyright protection is provided to the authors of original works of authorship, including literary, artistic and scientific works. Copyright has also been extended to protect computer software and databases. 

The owners of copyright can generally prevent the unauthorized reproduction, distribution including rental, sale and adaptation of an original work. ?Protection generally lasts for the life of the author plus fifty years or for fifty years or more in the case of works belonging to corporate bodies.
Untitled Document