Is the Patents Bill Good for India?

Hello,

In my point of view its definitely good to India because many of the companies like pharma invest a lot of money to carry out research to develop a new drug into market. To get back the invested amount in research patents are required. It also encourages the research to be carried out in India.

Hi,

In my opinion patents are necessary to have the copyrights of the product which we have developed on our own. So it reduces unauthorized acess or misuse of it. Therefore patent are necessary. Because day by day in India if new inventions take place in order to preserve them or to protect them from illegal access patents are necessary.

Good afternoon friends.

I have gone through your points and I also want to share my points of view.

A Patent bill is something which prevents the use of a particular patent invented by a person by another person. I want to point out its advantages.

1. It will prevent theft-with the help of this bill now the patent remains with the real inventor. No one can use this patent without the permission of real inventor.

2. Higher profit margin- Due to this patenta bill a particular company or organization will have to approach to the real inventor to use his patent. If this bill were not there any one could have stolen this patent and sold it at cheap rate because it would be easily available in the market. So the inventor ll have very low percentage profit for his invention. Thanks to patent bill that real inventor could gain higher percentage of profit.

3. It stops any kind of disputes between any two parties who claims for the patent.

Now if we talk in the context of India then I would say that it is very necessary. India is a developing nation. There may be lots of technological inventions in the country. So to avoid any kind of theft and ambiguity and to protect the right of real investor it is necessary in India.

Thank you.

Patent Bill is really a good idea for Country like India as a developing Nation.

Where people who are born poor with good brains invent something good but the same is utilized by someone who is more rich and powerful from the guy who invented the same. Sometimes the Ideas are used on Negative approaches which are many times resulting a loss to the Countries Economy.

Patent Bill can stop this kind of Negative approaches and help in implementing the ideas on a good hope, good way they are made for resulting to a name and fame to the inventor of the Idea.

If patent bill is not there, only businesses will grow and business people will simply steal inventions and get benefited by developing it into a product and selling it in market. But if patent bill is there, inventions will grow. Even the people who want to do business with somebody's invention will think a lot to make changes and invent a new idea to develop a new product.

As a developing country patent bill is good for India because every invention is a valuable and important for the research. As of me patent is must, may be the for the basic inventions patents is not needed! Due to unknown info of patent we lost many thing or else today we would have been the patent owner of turmeric instead germany.

Conclusion:.

Patent right is must for developing countries.

Hi Friends,

Patent law is really good for India.

India is a Young country filled with talented people who really want to do something creative, innovate and turn the tables on the west.

However one major hindrance in this field was the absence of a law protecting and recognizing the original work of the Indian inventors and innovators.

So the Patent Bill can be termed as the need of the hour which will protect and recognize the Indian creators and this in turn will provide enthusiasm to the tired research sector and will give Indian innovators something to live and aim for.

Yes it is very important to patenting to recognise the talent of any individual and to give birth to new inventions and to develop our country and to make it as developed country. And it also have some disadvantages as a new invention it may be expansive which is not available for common man.

Patent bill is not only good but a very important tool for technical and biological development of a country. Talking about India Its people don't have enough exposure to the technology. Some hidden hidden talents remain hidden because of less sources available to them. Moreover they have to earn bread and butter for their livelihood too. So, Indian government should also some patents to help such people. But use of chemicals is contaminating our resources so there should be strict laws for that.

It is good for developing country like as India because every person want to give new thing in any field but second component is here, hybrid seeds is not good for farmers because these seeds decrease the fertility of field so use of new patent before briefly think about two component.