IP Licensing In Global Perspective

In today’s information-intensive and dematerialized business environment, international IP licensing transactions are among the most common transactions. Thus, a licensing environment which is built on positive voluntary licensing policies like market-based incentives and strong intellectual property (IP) protections is required in order to promote a healthy rate of technology diffusion. For example: Through licensing U.S. has earned $386 billion in gross industry output, $80 billion in tech transfer activities revenues. Also, licensing has contributed $150 billion to American GDP and between 1.1 and 3.8 million person years of employment between 1996 and 2010. The example of U.S. shows that IP... Read More

Stairway to Litigation

The famous Led Zeppelin song 'Stairway to Heaven' which has made millions sway to its tune recently struck a wrong cord due to copyright infringement allegations levied against it in 2014. It was alleged that the introduction to the band's most celebrated song was taken from Spirit's 1968 instrumental titled 'Taurus'. After a much publicized legal battle between the estate of Spirit's lead guitarist Randy Wolfe and Led Zeppelin ended in 2016 wherein a Los Angeles District Court Judge decided in the favour of Led Zeppelin and stated that there was no evidence of copyright infringement the dispute has since... Read More

Trade Protection

Protection on trade occurs when countries impose restrictions on imports into the economy. It can be defined as nation or a group of nations working in conjunction as a trade bloc, creating trade barriers with the specific goal of protecting its economy from the possible perils of international trading. In simple words, protectionism is a government action and policies which restricts or restrain international trade often intended to protect local businesses and jobs from foreign competition i.e. a policy that limits unfair competition from foreign industries. The objective of protectionism is to provide employment to people by protecting nation’s vital... Read More

Brand of Intelligence Manufacturing

Intelligence Manufacturing is a method in which the combined intelligence of people, processes and machines, is used in order to impact the overall economics of manufacturing. The purpose of intelligence manufacturing is to optimize manufacturing resources, improve business value and safety and reduce waste- both on the floor and in back office operations. Manufacturing is a multi-phase process in which new products are created by using raw materials whereas intelligence manufacturing employs computer controls and high levels of adaptability. Manufacturers use latest manufacturing execution systems (MES), intelligent devices, machine-to-machine communication and data analytics for its production lines and facilities in... Read More

Cardionet Suit Against InfoBionic Dismissed

On Wednesday, October 17th, An India based US District Court Judge Indira Talwani dismissed a patent infringement case bought up by CardioNet against InfoBionic. The cardiac monitor is a device that shows the heart's electrical activity as a wave pattern on a monitor. It continuously shows the cardiac rhythm and sends the electrocardiogram (EKG) tracing to a main monitor in the nursing station. Most commonly used in emergency rooms and critical care areas, cardiac monitoring allows for continual observation of several patients. CardioNet, a leading provider of services related to ambulatory outpatient management solutions for the purpose of vital information... Read More