Oracle Vs SAP : A case of Copyright Infringement

Recently a court in the US ended a trail with a $1.3 billion federal jury award against SAP for stealing software from Oracle to try to woo away customers.The award is the largest over the copyright infringement. Copy right is one of the main IPR  The executives of SAP had admitted making illicit copies of the Oracle software and manuals. More details on the issue are here 

Lack of Patents: Economic Loss to India

India was losing at least 2000 patents every year in the United States and Europe on traditional formulations as 'our knowledge on these has never been documented,' Union Minister of State for Environment and Forests Jairam Ramesh said here on Tuesday. For detailed story read news item in Hindu

Intellectual property and Patents

Intellectual property (IP) is a useful idea with scalable application potential. It is useful because it provides a mechanism to protect a new category of properties such as computer software or chemical formulae or even algorithms.

Patent is on of the available IP forms. It is a legal means to protect a novel invention. James Watt protected his steam engine with a patent. Patent allows disclosing of a novel invention to public while retaining awarding ownership to the inventor. Disclosure help the rest of the population to harness the new invention and ownership helps inventor to "earn" reputation and wealth