Ad
related to: intellectual property license definition economics departmentuslegalforms.com has been visited by 100K+ users in the past month
Search results
Results from the WOW.Com Content Network
The term "intellectual property" began to be used in the 19th century, though it was not until the late 20th century that intellectual property became commonplace in most of the world's legal systems. [6] Supporters of intellectual property laws often describe their main purpose as encouraging the creation of a wide variety of intellectual ...
Intellectual property valuation is a process to determine the monetary value of intellectual property assets. IP valuation is required to be able to sell, license, or enter into commercial arrangements based on IP. It is also beneficial in the enforcement of IP rights, for internal management of IP assets, and for various financial processes.
The Department for Promotion of Industry and Internal Trade (DPIIT) is a central government department under the Ministry of Commerce and Industry in India. It is responsible for formulation and implementation of promotional and developmental measures for growth of the industrial sector, keeping in view the national priorities and socio-economic objectives.
The Bureau of Economic and Business Affairs (EB) is a bureau within the U.S. Department of State tasked with promoting economic security and prosperity at home and abroad. It reports to the Under Secretary of State for Economic Growth, Energy, and the Environment. The Bureau's work lies at the nexus of economic prosperity and national security.
Reasonable and non-discriminatory (RAND) terms, also known as fair, reasonable, and non-discriminatory (FRAND) terms, denote a voluntary licensing commitment that standards organizations often request from the owner of an intellectual property right (usually a patent) that is, or may become, essential to practice a technical standard. [1]
This is an exception to the general rule under intellectual property laws that the intellectual property owner enjoys exclusive rights that it may license—or decline to license—to others. Under UK patent law, a compulsory license is different from a statutory license.
The Under Secretary is also obligated to conduct programs and studies regarding intellectual property, and to conduct cooperative programs with other foreign intellectual property offices. The rank of Under Secretary is a Level III position within the Executive Schedule. In January 2010, the annual rate of pay for Level III is $165,300.
The economics surrounding a single patent, or group of patents, revolves around the balance between the expense of maintaining the patent(s), and the income derived from owning that/those patents. [7] Similarly the economics of whether to seek a patent present similar concerns with the added up-front costs of obtaining the patent.
Ad
related to: intellectual property license definition economics departmentuslegalforms.com has been visited by 100K+ users in the past month