A blog to impart info on the happenings in the world of IPR presented from a legal perspective.
Sunday, October 5, 2008
CSIR TO SET UP HOLDING COMPANY
To monotezie its inventory of patnets, CSIR is planning on setting up a holding company, to whom all patents nealry amounting to 300 would be transferred, to liscence out and sell patents to companies like Intellectual Ventures so as to make the maximum money out of the liscensing and giving out of patents which they hold.
CSIR presently spend a huge amount of money maintaining and filing patents than it earns from the revenues of the patents.
uch a move would increse profit margins and the technology could alos be use to alleviate the conditons of the poor.