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Intellectual Property Refers To The Ownership of Intangible and Non
Intellectual Property Refers To The Ownership of Intangible and Non
Since
intellectual property is intangible, it is more difficult to protect than other types of property. Some
common types of intellectual property rights (IPR) are trademarks, copyright, patents and in
some jurisdictions trade secrets.
Home automation is The Internet of Things", the way that all of our devices and appliances will
be networked together to provide us with a seamless control over all aspects of our home and
more.
Uniqueness of our IA lies in combination and utilization of resources. Indigenized design and
software will be used to introduce an exclusive idea to facilitate our end users.
In case of our project, the applicable IPRs are as follows;
The idea is limited to a group of people who are the stake holders as well as product designers
and business partners removing third party involvement. Therefore, the company will be based
on joint ownership. Each co-owner will have full awareness of the product, its uses, its features
and the technology used.
Technological commercialization strategy has been made on the following grounds;
IP factors
o Invention has protectable IP
o Freedom to practice IP
o No IP duplication
Technology factors
o Technology can be implemented
o Technology is well developed
Market factors
o Need is well defined
o Low competition
o High profit margin
Team factors
o Team has commercialization experience
o Team has product development capability
o Team is reasonable, ethical and can work together to deliver
The product will come with an operating manual, since the product is of technical nature.
Moreover, we will print promotion pamphlets, billboard signs and technological magazines to
promote our product to the target audience. They will also be approached by electronic media
through the internet by publishing articles, developing company website and Facebook pages.
Depending on its success, future expansion is planned to target the industrial sector. We have
plans to develop industrial automation systems to govern various industrial processes.
Registration Procedure
The procedure to register a patent, as detailed by Patents Office, Pakistan is as
follows:
1.
2.
Request for a patent is initiated by filling out Form P-1 or Form P-2 (Convention
Application for Patent), along with the Specifications of the invention.
1.
2.
Specifications of the patent can be detailed on extra sheets (if required), and
include steps, processes, drawings and claims.
3.
4.
Forms P-1A, P-1B or P-1C have to be provided with Form P-3A if the
original application form is Form P-1. On the other hand, if the original application
form is P-2, then the Specifications Form P-3A must accompany Forms P-2A, P2B orP-2C.
5.
2.
3.
In case no objection is raised during evaluation or the legal matters are settled with
the opposition, the patent is sealed once the applicant(s) duly fill and submit Form P-10
(Request for Sealing), and the applicant is granted the rights for it for 20 years (subject
to renewal).