Intellectual property means any property that is created by intellect. It plays significant role from conceptualisation of a patentable subject matter to commercialisation of a technology to the benefit of public at large. There are different types of intellectual properties(IP), namely Patents, Trademarks, Industrial Designs, Copyrights, Trade Secrets, Integrated Circuits, Biodiversity and Plant Varieties. These intellectual properties are protected in India by different laws.
The protection of any creative and innovative subject matter under relevant IP gives certain exclusive legal rights to the holder till specified period of time. For example, patent protection is applicable till 20 years from the date of filing of application with Indian patent office or from the date of priority, whichever is earlier.
The IP holder can earn royalties by licensing his IP for its beneficial use for public at large. A research says that more than 80% inventions which benefited the world have done by ordinary people and not by professionally qualified scientists.
FIRSTIP provides a forum to inventors and other creative persons to conceptualise and materialise their innovative ideas. We provide information of the latest technologies to the innovators to guide them in their research. We also assist them in protecting their intellectual property rights in India and other parts of the world.
For detailed information on intellectual property protection, please feel free to contact our team of Intellectual Property Experts by using the web form.