Technological advances in recent years have profoundly changed the way society operates. The circumstances allowing people to live more comfortably than in the past are not the result of faith or luck, but rather are designed by society through the enactment of laws including those covering intellectual property rights.
Patents, which govern the protection of technological developments, are one the seven intellectual property rights that provide inventors and innovators rights to economically exploit their inventions and be recognized.
Regulated in Indonesia since 1989, the patent law has changed over time - evident by several revisions made to it, most recently by Law No. 14 of 2001 ("2001 Patent Law"). Now in place for 14 years, lawmakers are planning to replace the 2001 Patent Law under the 2015 National Legislation Program (Prolegnas). It is expected that this will not only boost patent registrations by Indonesians inventors, but also foreigners.
Will the current patent draft bill be any different to the current provisions of the 2001 Patent Law? Will its provisions be able to address current needs? These are just some of the questions covered in this week’s ILD, which will also discuss the concept of a patent, registration processes, diversion rights, and dispute settlement.
Technological advances in recent years have profoundly changed the way society operates. The circumstances allowing people to live more comfortably than in the past are not the result of faith or luck, but rather are designed by society through the enactment of laws including those covering intellectual property rights.
Patents, which govern the protection of technological developments, are one the seven intellectual property rights that provide inventors and innovators rights to economically exploit their inventions and be recognized.
Regulated in Indonesia since 1989, the patent law has changed over time - evident by several revisions made to it, most recently by Law No. 14 of 2001 ("2001 Patent Law"). Now in place for 14 years, lawmakers are planning to replace the 2001 Patent Law under the 2015 National Legislation Program (Prolegnas). It is expected that this will not only boost patent registrations by Indonesians inventors, but also foreigners.
Will the current patent draft bill be any different to the current provisions of the 2001 Patent Law? Will its provisions be able to address current needs? These are just some of the questions covered in this week’s ILD, which will also discuss the concept of a patent, registration processes, diversion rights, and dispute settlement.