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.
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)