MIDHUN JOHNY GEORGE

II PG M.COM
PG. DEPARTMENT OF COMMERCE
ST. THOMAS COLLEGE, PALAI
 Six player variant
of chess

At the age of nine

Also patented 12
player and 60
player versions

“Hridayeshwar Singh Bhati”,

Jaipur, India
youngest patent holder in India,2012
 PATENT

 Legal right of an inventor to exclude others from making or
using a particular invention.

 The product should be novel, non-obvious and useful.

 Gives protection for 20 years from the application filing

date.

 Indian Patent Office- Delhi, Mumbai, Kolkata and Chennai.

 PATENT MONETIZATION

 Generation of revenue by a person or company by selling or
licensing the owned patents.

 Patent monetizing Entities (PME) or Non-Practicing

Entities(NPE) or Patent Trolls:

 They are inventors who do not commercialize or

manufacture their inventions.
 OBJECTIVES

 To explore the various patent monetizing strategies

 To identify the need for a patent exchange in India

 PATENT MONETIZATION
STRATEGIES

 Manufacturing products

 Patent licensing and patent selling

 Patent sale and lease back

 Patent collateralization

 Patent securitization

 Patent enforcement or litigation

 Patent pooling
 PATENT EXCHANGE

 Enable non or underutilized patents to be traded in a
transparent market place.

 It makes patent available to those who can effectively

monetize.

 Benefits: reduced legal expenses, transparency and

simplicity in trading, reduced bilateral negotiations between
parties,…
 period Patent Patents granted
applications

2017 (jan-dec) 37,554 11993

2018(jan-dec) 39,123 13782

Rate of change 4.18% 14.92%