FOCUS AREAS

Although now a days, IP is not entirely unknown; however, the true potential of IP as business assets is yet to be appreciated fully by Indian SMEs. IP is still a secondary objective of strategic planning of SMEs. The main reason for the secondary treatment is that the enterprises always treat IP as expenditure and do not actively take initiative in reaping the benefit by monetizing it. The prospect as well as potential of domestic innovations is huge provided they are timely and appropriately protected before commercialisation. In view of this, the objective of existence of Patentwire consists of three tier responsibility: creating awareness, handholding through the process of IP protection, and revenue generation or monetization of IP.

To make its clients well versed with IP and reaping its maximum benefit, Patentwire takes various steps from time to time to create awareness. Patentwire not only publishes white papers and industry specific information, but keeps a continuous flow of information among the stakeholders through its various seminars conducted in association with various industry chambers. In its endeavour to spread IP awareness, Patentwire is also involved in educating industry and institution through various seminars and conferences. The team members are Guest Faculty in many institutions viz. Jamia Hamdard, NIESBUD, Manipal Group, NIIPM etc.

Protection of IP is at times very tricky affair, and requires multiple skill set. One has to be very diligent, not only on legal aspects but also on technical and business prospects. Both technical as well as legal knowledge are put to test while protecting IP, especially patents, for the clients. One has to anticipate all the possible issues that may arise in future and act accordingly in present time. Foreseeing the events in a matter is a skill that comes along with experience, in short: no shortcuts. Moreover, given that IP is territorial in nature, an IP advisory includes international avenues and territories. Knowing other jurisdictional limitations and advantages is indispensable. One needs to be aware and highly diligent regarding the territorial as well as international time frames and requirements for providing effective and efficient IP services. Patentwire is currently active in more than 50 countries by way of close association with local attorneys and assists its clients in IP protection not only in India but in other countries as well.

It is an endeavour of Patentwire to ensure strategic advice and support to individuals, start-ups, small & medium sized enterprises, R&D Institutes, Universities in protecting and managing their IPs. The service also extends in terms of support in developing innovations, policy making, monetization and commercialization of their IP in best possible manner. Patentwire encourages cross-border technology transfer and revenue generation for global corporation and harmony.

The service bouquet comprises protection of Patents, Trademarks, Copyrights & Design, IP litigation support, IP management and watch support, Patent illustrations, and IP Commercialization. Dedicated teams efficiently handle various aspects in a cohesive and cooperative manner. Patentwire maintains transparency and provides unbiased advisory to its clients, in a cost-effective manner. Patentwire provides for all kinds of IP related services under one roof. The pre-filing services are customized in a manner that the prospective IP is robust enough to stand any test. They also provide consulting services for technology status and possible R&D focus areas to ensure that resources are invested with high probability of good returns.