6 Things To Consider When Choosing Best IPR India Services For Small Businesses
The concept of intellectual property is not an entirely new one. In fact, it is increasingly gaining more significance as world businesses experience shift into a highly information-based business civilization.
The idea of protecting one’s intellectual property holds much higher value for SMEs and start-ups than large organizations. Given their limited resources and reach, small businesses face high risk of losing their competitive edge in terms of product features or any other exclusive aspect of their offerings.
IPR India and Small Businesses
You already own a business, and you have come up with an idea how to provide an additional service that your competitors do not already offer.
But how do you make sure that you can bring this service into the public eye and not have it stolen by your competitors? You need to copyright the service! This is where you are protecting the service as your own, and making it illegal for anyone else to copy any part of the service without paying you a fee for that privilege. IPR India services can prove not just beneficial for your SME but greatly rewarding, as they protect for you that which truly belongs to you.
“For many businesses, intellectual property protects more than just an idea or a concept – it protects genuine business assets that may be integral to the core services of the business and overall long-term viability. Intellectual property can consist of many different areas, from logos and corporate identity through to products, services and processes that differentiate your business offering. It’s when these ideas are used without permission that an organisation can suffer.” (Source: bl.uk)
Choosing IPR India Services For Your Business
Getting your product or service registered for copyright, patent, trademark or industrial design could not be simpler, thanks to adept IPR India service providers. But before you go ahead on the task of choosing one for your business, consider following aspects:
1) Domain expertise and skillsets
Before finalizing an IPR India professional firm for your business, get better understanding on its team. Make sure the firm has a qualified and experienced team of patent agents and patent attorneys in India who are able to handle legal, IPR matters in all technical disciplines.
2) Company history and clientele
IPR India services involve complex legalities, and you must only partner with a provider who is trustworthy. Look into the company history of shortlisted service providers – what has been their performance graph so far.
The work should be secure with the IPR India service provider. All the data that you provide should be treated strictly confidential.
4) Service Offered
Find out what all is covered by IPR India service providers in terms of prosecution, litigation and consultation services relating to patents, trademarks, copyrights, industrial designs, etc.
5) IPR India and in abroad
The IPR India services should provide you with efficient and cost-effective route for protecting your inventions, trademarks or designs across borders. This allows you the scope of leveraging your export opportunities.
6) Legal authorization
An IPR India service provider must be legally authorized to represent you. Thus standing by you in case you need them.
Money is a huge consideration for small businesses and start-ups, making IPR India services look like a luxury. However in the long term it is worth protecting your intellectual property. It becomes even more important and acts as a powerful asset when you have plans to sell the business, merge with another company, secure funding or embark on a joint venture. Talking about IPR India service providers you can look up to for your business needs, Universal Legal is a name that stands out. Established in 2004, Universal Legal offers broad range of services in the US and in India from a common pool of resources and people.
Be it a small business in an emerging industry, or a multinational corporation, Universal Legal partners effectively and with efficiency, giving high importance to each project. Their intellectual property practice primarily focuses on – comprehensive IP strategies to protect clients core & ancillary IP, prosecuting registration applications in respect of copyrights, designs, trademarks and patents, drafting patent specifications relating to a wide array of technologies, filing national patent applications in India and overseas, patent operation treaty applications and their prosecution, coordinating with international law firms in procedural aspects of IP registration process worldwide, and interacting with various government departments on Intellectual Property infringement and Passing-off actions.
Intellilocus, TMT Law Practice, and R. K. Dewan & Co. are some other reputed IPR India service providers. TMT Law Practice is India’s first and boutique Technology, Media and Telecommunications Law firm. Their practice combines Intellectual Property, regulatory, corporate and transactional, dispute resolution, and legislative work in the Technology, Media and Telecommunications Industry.
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