Former USPTO examiners, European patent attorneys, and more. We serve Fortune 500 companies, innovators, law firms, universities, and financial institutions. The Indian government, along with its AI ambitions, is also significantly all india whatsapp number boosting its semiconductor manufacturing and display sector, doubling the budget allocation from around $367 million (INR 3,000 crore) to a whopping $843 million (INR 6,903 crore ) in 2024-25.
In addition, a court order to stop the production or sale of goods that infringe intellectual property rights, known as an injunction, has the power to halt corporate activities and cause revenue losses and market share erosion. The Wider Impact on Innovation and Market Dynamics However, the effects of patent claims go beyond financial considerations; they also affect the dynamics of technical innovation and market competitiveness. On the one hand, protecting innovators and ensuring that they can profit from their inventions depends on the enforcement of patent rights.