The Future of Arbitration in Intellectual Property Disputes- An Opportunity for India's Growth and Resilience

21 April 2023, Version 1
This content is an early or alternative research output and has not been peer-reviewed by Cambridge University Press at the time of posting.

Abstract

Today, protecting intellectual property rights is crucial to any business transaction. Intellectual property law is vital to the economy and the diplomatic process of international trade. Even if India's intellectual property regime has been growing in recent years, there is always a debate over whether it has a competent dispute adjudicating authority. Thus, the article examines the ability of ADR to arbitrate IP disputes in national/state court procedures. It also explores employing standard-essential patents (SEPs) under fair, reasonable, and non-discriminatory (FRAND) conditions with smart contracts, blockchain technology, and new technical resources throughout the arbitration process. Finally, the paper will examine IP arbitration challenges in the context of rights in rem and personam, statutory restrictions, and state sovereignty.

Keywords

Intellectual Property
Alternative Dispute Resolution
Court
Sovereignty
Statutory Limitations

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