Minimum Patent Protection Requirements and how best to protect your IP
The Global patent market has been rapidly growing over the last few years. While the US has been the traditional market leader in patents, China has been rapidly increasing with number of patents filed and India with overall patent growth. This market is expected to be worth about 500 Bn $ according to industry estimates. The technology industry drives patent application with research institutes / academia holding the next highest set of patents. The patent award process has been relatively slow especially with the stringent norms that it follows. Even with this, patent / IP disputes are fairly common and this report focuses on these aspects, new areas such as innovation management and how minimum protection works around the world.