siliconindia | | July 20184A few months ago, Global Innovation Policy Center ranked India 44th out of 50 surveyed countries in the sixth edition of the U.S. Chamber of Commerce's International IP Index for 2018. A country that has always been cited as rich in research but poor in patents, despite being among one of the top five research countries globally, Indian researchers solely focus on research findings and publishing them, while giving no thought of filing patents and reaping financial benefits from their hard work. Things like Patents are too expensive, complicated, take too long to be granted, don't offer barriers to entry for a startup and no guarantee that a patent will be granted, are some of the burning pointers that usually not only keep many small enterprises, but also good researchers away from the patent process. India's solid ground of innovation in technology that is changing fast, needs pure attention from across the spectrum, including startups, MNCs and government to pep-up the patent & trademark filing process and gain more power and reap better financial benefits from their brain assets. Patents' real value is usually different at various stages along the way in a company's evolu-tion. Hence, it is imperative to understand its relevance from every stage. But with business going global, the need for an international patent filing has become of prominent importance. Patent Cooperation Treaty (PCT) makes it possible to seek patent protection for an invention simultaneously in a large number of countries. It also simplifies the procedure for obtaining patent protection in many countries, making it more efficient and economical for users of the patent system and patent offices. One just needs to file a single international patent application instead of filing several separate national or regional patent applications, and make payment of a single modest fee rather than paying separate filing fees in each of the designated countries. PCT establishes a procedure for the filing and processing of a single application for a patent which has legal effect in the countries which are Treaty members. Filing a patent under PCT provides the applicant with the opportunity to present arguments for patentability to amend claims and to strengthen the application prior to filing with national phase offices. Bringing you a comprehensive list of `20 Most Promising Patent & Trademark Law Service Providers - 2018' in our current edition to help you get through the treacherous world of patent & trademark war. This comprehensive list featuring some of the eminent names from the industry are global players in terms of their reach, offering and understanding of the matter. Do let us know what you think! Anamika SahuManaging Editoreditor@siliconindia.comEditorialPatent & Trademark are the Silent Warriors We Need to Think About siliconindia Vol 06 · Issue 12 - 8 · July 17, 2018 Publisher Alok Chaturvedi Managing Editor Anamika Sahu Associate Editor Susila Govindaraj Editorial Team Ananth.V John Roshan Anto Krupa P. Dave Shefali Mathur Sophia Rohtagi Sujith Vasudevan Sushruth R Srrayvinya OLM Trisha Pragya Younus Ahmad Dar VP - Sales & Marketing Virupakshi Pattar Advertising Managers Editorial queries editor@siliconindia.com To subscribe Visit https://www.siliconindiamagazine.com/subscribe/ or send email to subscription@siliconindia.com Cover price is Rs.150 per issue. Printed and Published By Alok Chaturvedi on behalf of SiliconMedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2018 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.advertise@siliconindia.comVisualisers S Sivasankar Suanya Satyajit SubhankarGroup Art DirectorAshok KumarNoidaAshu Sethi Garima Anand Circulation Manager Magendran Perumal Abinas Patnaik Prangya Tripathi Ravi Kalgi
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