Patents - The Present Indian Scenario
Mondaq Business Briefing › India Law Articles in English (2004)
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Patents - The Present Indian Scenario
In the beginning of it all, everything belonged to everyone. Gradually people started associating themselves with some or the other things and became their owners. But with this possession came the threat of its being stolen or taken away. The need to develop laws to protect what had already been developed was felt here. For a long time laws were only for the protection of tangible property as understood in the historic sense. Industrialization however saw the advent of several landmark inventions and it was a matter of time before concepts and ideas of the mind became the subject of protection under law.
Patent is a universally acclaimed name for monopoly or exclusive right granted by State in favour of an inventor in respect of an invention and excludes the rights of others for a limited duration to do certain acts in relation to an invention. This right is granted to the per...See the full content of this document
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