Note: This course is no longer available.
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The importance of patents would, perhaps, be best highlighted by the fact that the most prestigious prize in the world, the Nobel Prize, was made possible because of a patent over dynamite granted to Alfred Nobel. Every aspect of human life has been pervaded by patented inventions, from electric lighting (patents held by Edison and Swan) and plastic (patents held by Baekeland), to ballpoint pens (patents held by Biro) and microprocessors (patents held by Intel).
The importance that companies attach to patents can be judged from the fact that IBM expects to file 3,250 patents this year and 64% of the total revenues of Philips come from patent royalties rather than from manufacturing. Pharmaceutical giants like Pfizer and Merck exist because of patents.
A patent is an exclusive right granted for an invention, which is a product or a process that provides, in general, a new way of doing something, or offers a new technical solution to a problem. In law, a patent is a property right and can be gifted, inherited, assigned, sold or licensed. Indian companies, which have traditionally never focused on patents, have no choice but to augment their research and development facilities and file for patents if they have to survive post 2005 in the WTO regulated trade environment.
The Diploma course in Patent law, Practice & Procedure is a comprehensive, career-oriented course that gives detailed insight into every aspect of patents in the current scenario. Starting with the historical background and moving through a primer on intellectual property rights, the course nudges a participant into the various intricacies of patent claims as well as deeds of assignment and licensing that are an integral part of patents. Additionally, the course also simplifies the concepts of filing under the Patent Co-operation Treaty and explains the development of the international patent system along with a detailed discussion on the legal principles governing infringement and piracy.
The course is designed in a manner, which equips a participant to exploit the numerous opportunities emerging in this field, be it drafting of claims, deeds of assignment and licensing, filing, handling patent related outsourcing jobs, or providing consultancy in matters of infringement and piracy.