Valuation of a company in the 21st Century is not based on the monetary reserves it owns in the banks but in the value of the intellectual property it owns in each jurisdiction. This scenario elaborates the importance of the need to acquire rights for the intellectual assets created by a company.
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The world around us is evolving everyday with new inclusions and exclusions, giving us a new movie, a new designer, a new photographer, a new social media platform, or a new trend. The world stays updated using multiple social media platforms that are available, and when the world is changing drastically, it is essential for everybody to adapt accordingly.
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The impact of Artificial Intelligence on patent system has raised a unique opportunity globally in inviting several debates on issues relating to strategies to be adopted in protecting AI based inventions as well as drafting and prosecution of patent applications in different geographies. The accumulation of big data in the past couple of decades, flooding of algorithms and better processing capacity of computers has led to the explosion of AI in every other walks of life in the forms of broad spectrum of technologies,
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