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India is now officially Australia’s third largest trading partner. With a population in excess of 1.3 billion and a growing and increasingly confident affluent middle class of between 300-400 million people, India is proving to have an insatiable appetite for all things western. Fortunately, now more than ever Australian businesses are looking to break out [...]
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The old wisdom of ‘caveat emptor’—let the buyer beware—is giving way to a new adage: ‘caveat venditor’—let the seller beware. WARNING: ‘This Superman costume will not enable you to fly.’ Such a warning does not tell us that children have been jumping off roofs. What it indicates is that if a child put on his [...]
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Contrary to popular belief, there is no such thing as an ‘international’ or ‘worldwide’ patent, or ‘international trade mark’ that covers the whole planet in one application. A mechanism exists under the Patent Cooperation Treaty (PCT), administered by the World Intellectual Property Organisation (WIPO), whereby applicants can make international patent applications, however this merely simplifies [...]
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When the caveman first invented the wheel, he didn’t make a profit from it. The other cavemen probably thought he was a pretty neat guy, especially when they all started to copy it and their quality of life began to improve, but our Neanderthal ancestors didn’t have the complex financial marketplace and its opportunities that [...]
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When conducting business over international borders, one of the most important steps you can take is to protect your intellectual property. The Madrid Protocol covers more than 80 countries and was designed to help this process, but what is it and how can it support Australian exporters?
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Protecting your brand or trade name is now more important than ever. Registration of a domain name, as with the registration of a business name or company names, does not give a right to use that name with impunity. As shocking as that may sound, even a natural person has no absolute right to use [...]
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Any successful business strategy needs an exit plan, every contract needs to address the issue of ‘What do we do if one of us breaches the contract?’ All contracts, but most importantly where the parties are in different countries, should address four important issues: the place where disputes are to be decided; the courts of [...]
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Conflict is challenging at the best of times but what happens when disputes cross international borders? Settling an international dispute starts with prevention but there are also non-adversarial cures for disagreements
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Some businesses think joint ventures are an official cooperation, others see them as a marriage. Either way, joint ventures are designed to boost business growth in areas such as intellectual property, market share, and the bottom line. Find out why joint ventures are considered commercialisation courtships. A joint venture is a legal term that describes [...]
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Part program creation, part marketing, software is almost 100 percent intellectual property, which is why it is important to understand how your IP should be protected. Ensure all staff have intellectual property agreements so rights are assigned to the company. Many businesses also fail to document their dealings and agree on their intellectual property position [...]
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