“YOUR IDEAS ARE GOLD!” If your #idea 💡 fits the three mandates— 🔹novelty, 🔹inventive step, and 🔹industrial application—protect that idea with a #patent. Protect it with a patent to: ➡ Get excessive control over your idea (exclude others from making, using, selling, or importing what is covered in a patent). ➡ Promote innovations in society. ➡ Mint gold, from your idea by commercialization. 👉 To access that gold, you need to secure your idea with a patent, not a research paper. ✳️I always suggest the above-mentioned to my clients—most of them academians—on the verge of publication. Recently, a client came to me after publishing his invention in a science journal. He was in a dilemma as to whether he could now file a patent or not, as he had already disclosed his invention in a paper. He feared two things: ➡️ Losing the commercial benefit of a patent, and ➡️ His previous publication can be deemed prior-art. 🔰 To his relief, I educated him about Section 31—Anticipation by Public Display, etc.—of the Patent Act of 1970 and the twelve-month grace period. Further, “In accordance with newly inserted Rule 29(A) of #IndianPatentAct 1970, the inventor may now file the details of the same under the newly introduced Form 31 to receive a grace time of 12 months after the exhibition opens or the reading or publication of the article, to file the patent application with the Indian Patent Office.” The #IndianPatentOffice introduces these significant changes to 👉promote #innovations among #innovators and 👉 to protect their rights. Ergo, If you are an innovator, then awareness of your rights is as important as creation—because your ideas are gold! 🥇 P.S. The image below is of graffiti that I found on a school wall. #gargiwritesaniprstory #ipr #intellectualproprtyrights #patents #graceperiod #awareness #indianpatentactandrules #promoteinnovations
Rituraj Deopa
6mo
Insightful!
I assist businesses in achieving scalable growth through effective lead-generation strategies. I specialize in lead generation and SEO techniques. I hold certifications in Google Ads and Meta Ads and various others.
6moGreat advice! Protecting your idea with a patent is crucial for controlling its use, promoting innovation, and commercializing it. Don't miss out on the gold!