September 18, 2018 by Archi Bhatia
Copyright and Patent are two such intellectual property rights that secure the intangible assets of a company or any individual.
IP law circumscribes your innovation or creativity into time-limited protection. Some can be renewed (eg: trademarks), whereas some (eg: copyright and patent) fall into public domain after limitation period ends, for the use of the general public.
Basis |
Patent |
Copyright |
|
Defining |
A patent is a proprietary right conferred upon the inventor for using his invention for a set period of time. |
Copyright is protection that is provided to the creator so that he can exclude others from performing or making the same creation in the same manner. |
|
Components |
The patent act is known to Protect Ideas. |
Copyright act provides protection for Expressions. |
|
Term of Protection |
20 Years |
60 Years |
|
Registration |
Must be registered to attain protection |
Protection is attained automatically. although registration makes it easier to prove ownership |
|
Governing Act |
Indian Patent Act (amendment), 2005 |
Indian Copyright Act,2005 |
A patent application should include documents such as:
The prescribed fee for both Patent and copyright registration varies based on different application and the steps involved in the registration process.
|
Type of Work |
Govt. Fee |
Total Cost |
|
Copyright Registration |
2,000 |
4,499 (approx) |
|
Patent Registration. |
1,600 |
50,000 (approx) |