Whose Twin Is It Anyway? IP Ownership In The Digital Twin Ecosystem

CHAPTER 1: INTRODUCTION

Digital twins are virtual representations of actual items, systems, or processes that redefine a variety of sectors by allowing for real-time monitoring, predictive analytics, and simulation-driven innovation. Digital twins are turning out to be increasingly an integral part of the modern digital economy, ranging from managing urban infrastructure to personalizing healthcare and optimizing manufacturing. It can replicate the features and behaviors of real-world objects in a way that has now become unprecedented for efficiency and insight. The digital twin is a novel and efficient approach for real-time interaction and enhanced integration between physical and digital realms.¹