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Global Patent Filing Review

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Description of Global Patent Filing

Intellectual Property has always played an increasingly significant role in today’s technology-driven industry. Patents are an important IP asset for an organization. Hence, the innovative strength of an organization subsequently can be measured through its patenting activities. Not only with the number of the patents, but the quality of the patent is what makes the corporation more demanding. We all know that acquiring a patent is a costly affair and even time-consuming. Hence, it is always advised to have a strategic approach to obtaining Patents. The commonly used term of International Patent should not be confused with the grant of patent internationally. The patent is territorial. It means, to protect an invention in India, the patent has to be granted in India and similarly elsewhere as well. There is no worldwide patent that can give protection through a single application. For this, various options are provided to the applicant who seeks protection in multiple jurisdictions.

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