Direct Tax
Consulting
ESG Advisory
Indirect Tax
Growth Advisory
Internal Audit
BFSI Audit
Industry Audit
Valuation
RBI Services
SEBI Services
IRDA Registration
AML Advisory
IBC Services
NBFC Compliance
IRDA Compliance
Finance & Accounts
Payroll Compliance Services
HR Outsourcing
LPO
Fractional CFO
General Legal
Corporate Law
Debt Recovery
Select Your Location
Table of Contents
A software patent can be defined as a patent that is provided to enhance the performance of the computer by means of the computer application.
As modern society is totally dependent on the computer technology, without software a computer cannot operate. So it is necessary to provide intellectual property protection to the software as well as other businesses. A patent protection is provided on a country basis. Patent law of each country takes effect within its own border.
Before considering any patent software following things should be kept in mind:
A patent application must be applied in each country where you want to seek patent protection. A patent application must comply with substantive as well as formal requirement. When compared with copyright a patent enjoys right for a shorter period of time i.e. only for20 years. Cost of obtaining a patent is costly.
The software is used with hardware, what you wish to protect from your competitor may differ. Such a consideration will help you assess the possibilities to obtain a patent for an innovation.
Only an invention may get patent protection. As the patent law is applicable to all the inventions made in the field of technology. A patent may be granted only for those inventions which will provide solutions to the technical problem. Patent registration is done as per the law prevalent in particular country so one should before taking any software patent check whether particular innovation is patentable under that law or not.
You have to fulfill the requirement of that country where you want to register your patent. A patent can be enforced only in that country where it is granted. To facilitate the filing of patent applications internationally, the patent co-operation treaty provides an international filing system, under which an applicant may file a single international patent application having the same effect as national applications filed in each contracting state of the PTC.
It is very important to draft a good patent application for patent registration because later on there are very limited chance of its amendment. Unless you are familiar with both technology and intellectual property law it is advisable to consult an expert for drafting an application.
A joint venture is a strategic business arrangement in which two or more companies collaborate...
With the rising inflation rates and various other economic factors, wealthy Americans are incre...
Before approaching the new suppliers or any other third parties, you should always go for the v...
With the increasing landscape of Fintech Companies, it is increasingly vital that fintech compl...
This blog gives a detailed description through an audit report for industrial waste by examinin...
Are you human?: 1 + 1 =
Easy Payment Options Available No Spam. No Sharing. 100% Confidentiality
This article describes the view over the frequently asked questions over the international trademark registration i...
16 Jan, 2021
Obtaining a trademark is essential for entities as it helps them in creating a separate brand value for their busin...
24 Aug, 2022
Chat on Whatsapp
Hey I'm Suman. Let's Talk!