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ARTICLE · 05 JULY 2018

Global IP Outsourcing Services Provider In India

Khurana & Khurana, Advocates and IP Attorneys
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Intellectual Property ("IP") is a valuable asset for a company to advance its commercial success and gain investor goodwill.

IndiaIntellectual Property

Intellectual Property ("IP") is a valuable asset for a company to advance its commercial success and gain investor goodwill. A company's patents give it an edge over other players in a market where new goods are introduced everyday. Other IP assets such as trademarks and designs help set a brand apart from the rest of the products available in the economy. So, the legal protection provided by IP rights can turn intangible assets into valuable commodities and increase a company's bargaining power.

On the flipside, highly specialized work such as that required in IP comes with heavy costs and requirement to hire staff with very specific skills. Activities such as patent filing take months (if not years) of rigorous research and paperwork. Today, companies, especially in the Information Technology ("IT") sector, file thousands of patents in a year that require thorough work and would mean substantial capital being dedicated to this instead of the company's core

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