Recent guidelines from Indian Patent Office will stifle innovation

Posted by BernardSwiss on Sep 12, 2015 6:32 PM EDT
Economic Times/ India Times; By Vishal Dutta & Krithika Krishnamurthy 		Mail this story
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The Indian Patent Office's recent guidelines declaring that software and business methods are patentable in India has set off alarm bells across the software product industry. The patent office for the first time made a clear interpretation of the Patents (Amendment) Act, 2002 to mean that if a software has novelty, is inventive or tangible, and has proper technical effect or industrial application, it can be patented. The guidelines serve as a reference for officers in granting patents.

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