The Future of Intellectual Property Management

Published On : February 5, 2024

Smart IP Management: Navigating Intellectual Property in the Digital Age

Smart IP Management is a necessity to navigate Intellectual Property in the Digital Age. The ability to leverage IP rights and new technologies offers real opportunities for brands to protect their consumers and products from the black market and IP infringers. Registering the brand names and logos as trademarks and protecting every product with design and utility patents can challenge the IP infringers as part of the smart IP Management in the digital age. It is the present and future of Intellectual Property Management. Online IP infringers can be fought through the use of sharing Non-Disclosure Agreements (NDAs) with prospective partners as part of working with them. Another way to deal with cyber-squatters is to register the most obvious domain name variations for your brand. AI technology can be used to address the biggest challenge of mass online counterfeiting.

Data driven decision-making in IP Management

IP management gets done through the use of data as mandated by the UAE government through laws and legal guidelines. The Federal Decree Law No. 36 of 2021 on trademarks defines how a trademark should be and how it should be registered in the UAE. The Federal Law No. 38 of 2021 on Copyrights and Neighboring Rights defines what IP management is and how it is done.

Ensuring compliance and security in IP Processes

To ensure compliance and security in IP processes, the UAE launched its Federal Personal Data Protection Law on 02 January 2022. The key principles include the safety of IP Management, data minimization, storage limitation, and security. These form the future of debt collection and intellectual property management, which gets implemented through us at Beveron Technologies as part of our online smart debt management and IP management in the digital age.

Intellectual Property Management in the UAE

The protection of Intellectual Property (IP) is the important aspect of the UAE legal system. For this purpose, the UAE has established laws and regulations that safeguard the rights of owners and creators of various forms of Intellectual Property. These IPs include patents, copyrights, trademarks, and industry designs. The IP inventors safeguard and monetize IPs in the UAE.

The Intellectual Property Law in UAE gets governed by a range of Federal Laws that include Federal Law No. 31 of 2006 on the Regulation and Protection of Industry Property Rights, Federal Law No. 37 of 1992 on Trademarks, and Federal Law No. 7 of 2002 on Copyrights and Related Rights. The IP Laws of UAE protect various forms of Intellectual Property in Dubai. These include trademarks, patents, industrial designs, copyrights, and trade secrets.

The specialized court system of UAE, the Abu Dhabi Commercial Court, hears cases related to disputes in Intellectual Property. According to Federal Law No. 7 of 2002 on Copyrights and Related Rights, Article 20 stipulates that the owner of IPs will get safeguarded for their lifetime plus 50 years from the first day of the calendar year after their demise. For applied art pieces, the economic rights expire 25 years from the first day of the calendar year after their initial publication.

Benefits of registering IP in the UAE include the following. Protection for Intellectual Property owners, preventing others from stealing the owner’s unique inventions and ideas, attracting investors to secure funding, providing opportunities to license or sell the IP to others, and registering the IP to provide legal remedies.

Smart Business through IP Management Software Solutions

We, Beveron Technologies, have devised the Smart Intellectual Property Management software that leads innovation in IP Management. It is an all-in-one IP Management solution customized and tailored to all your businesses. Beveron provides enough legal tools to monitor Intellectual Property Management tools.

By collaborating with Beveron, you can commercialize your IP along with creating, prosecuting, and managing it with ease. Some of the essential tools for smart business of IP Management include Intellectual Property Leads Management, proposition and data of clients, process workflow, billing, payment, expenses, renewals, and collaborations with IP agents worldwide.

Beveron also provides services like Smart IP, Smart Legal Counsel, Smart Lawyer Office, and Smart Legal Counsel. Automation of IP is the future of Intellectual Property Management.

Conclusion

Visit www.beveron.com to connect and contact us. Collaborate with us to upgrade your IP Management through automation and customization processes. Our focus lies in simplifying your Intellectual Property Management as per the current laws of the UAE. Our team of experts works with you to teach you about managing your Intellectual Property and the benefits of registering Intellectual Property in the UAE and managing it with the right tools. We work on the data driven decision making in Intellectual Property management while ensuring compliance and security in IP processes. The future of Intellectual Property Management is here in the UAE with Beveron Technologies.