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US Business Associations urge Obama to take corrective measure for fair trade with India
The captains of seventeen leading US industry associations including including US Chamber of Commerce sent a letter to US President Obama urging him to take effective steps on discriminatory behavior of Government of India (GOI) with the US business communities. The associations represent the industries from manufacturing to agricultural services. They mentioned that the present […]
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Threat to patent system and its solution
Patent laws protect the innovators to gain the financial benefits from their inventions. It also prevents others from getting monetary advantages using the unique ideas of others. The Word ‘Patent” is the derivative of the Latin term ‘litterae patentes’ which means an open letter. This type of open letter were conferred the rights of the […]
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The pros and cons of Indian Drugs (Prices Control) Order 2013
The Department of Pharmaceutical in the Union Ministry of Chemicals and Fertilizers gazetted the Drugs (Prices Control) Order 2013 on May 16th, 2013. The new pricing policy will replace the previous drug pricing policy of 1995. It will be effective from 1st July, 2013. The new order will control the pricing of 348 drug formulations […]
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Potentiality and challenges of Open Data System
A large number of databases are regularly created by government and private organizations to meet the specific requirements of the organizations. Some of the created data are not only serving the purpose of the creator, but it may be very much beneficial to the other people as well. As for example, Newton discovered the laws […]
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How to convert your invention to money?
How can an inventor earn dividend from his invention? The inventor has no knowledge about how to proceed with the new idea. Some of the would-be-entrepreneurs think that someone will come at his doorstep with a fat check to purchase his innovative idea. The matter is not so easy. Inventor has to follow some guidelines […]
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“Patent for humanity” award of 2013 is awarded to “Sustainable Nutrition International mission”(SNI)
Several business incentives and awards have encouraged the technological progress that has reduced the burden of the poor people. Enhanced scope of monetization of the new invention is now attracting the young scholars to participate in the research project for inventing new ideas and process. “World Intellectual Property Organization” (WPO) is now playing an important […]
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