{"id":10553,"date":"2022-02-18T05:57:21","date_gmt":"2022-02-18T05:57:21","guid":{"rendered":"https:\/\/swaritadvisors.com\/blog\/?p=10553"},"modified":"2022-02-18T05:58:33","modified_gmt":"2022-02-18T05:58:33","slug":"how-to-manage-ipr-in-the-automobile-industry","status":"publish","type":"post","link":"https:\/\/swaritadvisors.com\/blog\/how-to-manage-ipr-in-the-automobile-industry\/","title":{"rendered":"How to Manage IPR in the Automobile Industry? &#8211; An Overview"},"content":{"rendered":"\n<p class=\"has-drop-cap\">The\nreport said that the automobile industry is one of the fastest-growing &amp;\nhighest revenue earning industries. The sphere of international filing trends\nin the automobile industry is expected to experience a great change in 2020.\nWith the fastest growing technology, many innovative techniques have been\nobserved by the automotive sector. One such successful or flourishing tale of\nsuccess runs with Tesla, who has managed to Patent their car functions\nmagnificently. In the article, we will discuss the facts to prove the\nsignificance of the IPR in the Automobile Industry or, in simple terms, how can\nyou manage IPR in the Automobile Industry.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a470472d236c\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a470472d236c\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/swaritadvisors.com\/blog\/how-to-manage-ipr-in-the-automobile-industry\/#What_is_the_Importance_of_IPR_in_the_Automobile_Industry\" title=\"What is the\nImportance of IPR in the Automobile Industry?\">What is the\nImportance of IPR in the Automobile Industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/swaritadvisors.com\/blog\/how-to-manage-ipr-in-the-automobile-industry\/#What_is_the_Need_for_Managing_IP_Rights_in_the_Automobile_Industry\" title=\"What is the\nNeed for Managing IP Rights in the Automobile Industry?\">What is the\nNeed for Managing IP Rights in the Automobile Industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/swaritadvisors.com\/blog\/how-to-manage-ipr-in-the-automobile-industry\/#IPR_in_the_Automobile_Industry_How_to_Manage\" title=\"IPR in the\nAutomobile Industry: How to Manage?\">IPR in the\nAutomobile Industry: How to Manage?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/swaritadvisors.com\/blog\/how-to-manage-ipr-in-the-automobile-industry\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Importance_of_IPR_in_the_Automobile_Industry\"><\/span>What is the\nImportance of IPR in the Automobile Industry?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong><em>Following\nare some importance of IPR in the Automobile Industry:<\/em><\/strong><\/p>\n\n\n\n<ol><li>Counterfeiting of auto parts,\nindeed, is IP or Intellectual Property theft as it can violate any or all of\nthe primary <strong><em>IPR (Intellectual Property Rights), <\/em><\/strong>namely Patents, Trademarks,\nDesigns &amp; Copyrights. It leads to a loss of revenue or earnings to the OE\nmanufacturer.<\/li><li>I can be the tool of all\nmanufacturers to make sure that innovation is in place, and a robust legal\nframework can check the loss of proprietor technology in favour of sub-standard\ncopies.<\/li><li>As the automobile industry\ndevelops and more inventions are introduced, there will be a greater &amp;\nnatural need to obtain and impose Patents by manufacturers. <\/li><li>Designing a new vehicle is a\ncostly &amp; time-taking business. If a design or vital elements of a design\nare appropriated by other manufacturers, your investment will be lost.<\/li><li>The framework gives a general\nsolution to protecting the financial and intellectual aspects of a product.\nHowever, administrative loopholes like complex Patent filing, red tape, and costly\nlitigations could end up dulling a brand&#8217;s reputation and as an outcome in\nrevenue loss.<\/li><li>With many vehicles entering the\nmarket featuring some level of automation &amp; fully autonomous cars being\ntested on public roads, we require a new way to manage IPR in the automobile\nindustry and solve the challenges facing autonomous vehicles and the modern\nautomotive industry.<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Need_for_Managing_IP_Rights_in_the_Automobile_Industry\"><\/span>What is the\nNeed for Managing IP Rights in the Automobile Industry?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Intellectual Property (IP) is among the most vital and valued business assets that a company owns. As technology &amp; innovation are progressing at a quick pace, competition among automotive manufacturers &amp; suppliers is as severe as ever; <strong>Intellectual Property (IP<\/strong><sup><a href=\"https:\/\/www.wipo.int\/about-ip\/en\/\" class=\"text-primary\"><strong>[1]<\/strong><\/a><\/sup><strong>)<\/strong> will be more vital than ever. During the 2009 to 2019 period, the Automobile Industry had the 3<sup>rd<\/sup> highest amount of Patents and Patent applications filed and in this period, the Automobile Industry experienced the 3<sup>rd<\/sup> highest percentage increase in Patent Application filings across the top 12 technology sectors, following only telecoms &amp; computing.<\/p>\n\n\n\n<p>This\nindustry is separated into different categories, comprising security &amp;\nsafety, with all foremost vehicle manufacturers having joined or united the\nrevolution in safety. Automobiles are more than transportation; they are the\nadvanced technology owned by customers.<\/p>\n\n\n\n<p>Historically,\nmotor vehicle manufacturers &amp; suppliers aimed at vehicle safety more in\nterms of engineering &amp; technology features like seatbelts &amp; airbags.\nToday, vehicle safety involves high-tech sensors, cameras, and other advanced\ntechnologies that mitigate automobile accidents. The latest technology permits\nvehicles to gauge their surroundings, alert drivers of capable threats and are\nequipped with features such as crash avoidance, auto-braking, and lane departure\nwarnings.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"IPR_in_the_Automobile_Industry_How_to_Manage\"><\/span>IPR in the\nAutomobile Industry: How to Manage?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Every\nIntellectual Property Rights are different and have their own functionality.\nThe industrialists are competing with each other day to mark their existence in\nthe industry. With Covid-19 relaxation favouring the Automobile Industry &amp;\nthe budget 2021 keeping the automotive industry on the top priority list, there\nis a critical need to know how can you manage your IPR amongst the heavy\ncompetition? Of all the Intellectual Property Rights, we must focus on all the\nthree foremost IPR in the Automobile Industry, such as Trademarks, Design, and\nPatents.<\/p>\n\n\n\n<ul><li><strong><em>Trademark and Automobile\nIndustry<\/em><\/strong>: The importance of Trademark Registration\nor branding in this industry is always regarded as of the highest importance.\nThe world is all about branding &amp; promotions. If your brand is famous in\nthe market, it adds to your asset &amp; aids you increase your products&#8217; sales.\nBrand value is determined if a customer is willing to pay more for one brand\nover the other, and it&#8217;s not always the product that makes up the brand value. Many\nbig companies invest their time &amp; money in designing their name, logo,\ndesign, and branding manual of their goods\/products.<\/li><li><strong><em>Patents and Automobile Sector<\/em><\/strong>:\nThe Automobile Industry has witnessed a huge number of Patent filings both in\nIndia and other countries. The top IP tycoons of the Automotive Industry are\nTVS motors, Ford, TATA Motors, etc. Integration of computer applications to the\nAutomobile Industry has increased the impact of Intellectual Property on this\nsector. This has been the significant reason for the upward trend in filing a\nPatent application.<\/li><\/ul>\n\n\n\n<p>Examining\nthe lawsuits filed \u2013 earlier, the disputes were among the players of the sector\nor their suppliers. Curiously, after merging computers into automobiles, the\nnature of lawsuit filing has witnessed a paradigm shift. Increased licensing\ncases have been a boon for the Automobile Industry, which will keep growing and\nwill make the industry turn into the market sector.<\/p>\n\n\n\n<p>The current Automobile is the result of one lakh Patents and the keenness or dedication of millions of inventors. Automotive Industries of India have filed many applications for <a href=\"https:\/\/swaritadvisors.com\/patent-registration\" class=\"text-primary\"><strong>Patent Registration<\/strong><\/a> and using similar technologies in their product\/good line to overwhelm the market competition.<\/p>\n\n\n\n<ul><li><strong><em>Design and Automobile Industry<\/em><\/strong>:\nIt is also one of the most important IPR in the Automobile Industry. The look\nof an automobile is the ultimate commercial feature of any Automobile Industry.\nHonda, Tata, Bajaj, Mercedes, etc., have already established their own brands\nwith distinctive design impressions on a consumer. They are changing or varying\ntheir product lines both in financial and aesthetic terms in accordance with\nthe altering customer tastes.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Intellectual Property should be registered in an industry with a long-term purpose. Recording, registering &amp; identifying own Intellectual Property should be on the company plan. Indian Auto industry has to realise that an IPR is the essence of the current knowledge economy &amp; would be able to hold the industry against a robust competitive market force. That would eventually lead to a new future for Indian Business and would participate in making the economy stronger by inspiring it with new &amp; advanced technologies.<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our Article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/swaritadvisors.com\/blog\/ipr-in-mobile-applications\/\">All You Need To Know About IPR in Mobile Applications\n<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The report said that the automobile industry is one of the fastest-growing &amp; highest revenue earning industries. The sphere of international filing trends in the automobile industry is expected to experience a great change in 2020. With the fastest growing technology, many innovative techniques have been observed by the automotive sector. One such successful or [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":10567,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[903],"tags":[985],"acf":[],"_links":{"self":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/10553"}],"collection":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/comments?post=10553"}],"version-history":[{"count":16,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/10553\/revisions"}],"predecessor-version":[{"id":10570,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/posts\/10553\/revisions\/10570"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/media\/10567"}],"wp:attachment":[{"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/media?parent=10553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/categories?post=10553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swaritadvisors.com\/blog\/wp-json\/wp\/v2\/tags?post=10553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}