An industrial design can add value to a product, as well as make it more appealing and engaging to buyers The benefits of design registration in India will be discussed in this blog.
To protect an industrial design, you must first register it. Once registered, the owner of the design has the sole right to prevent others from using, copying, or duplicating it. This makes sense because it boosts the company’s competitiveness and, in many cases, generates additional income. The benefits of design registration in India will be discussed in this blog.
Design Registration
Before we go into the benefits of design registration, it’s important to first grasp what design is and why it’s important. Design is becoming increasingly important during the designing phase. A product’s design might have its own market niche. This is true not only for three-dimensional objects like bikes, tea bags, bowls, and other such items, but also for two-dimensional designs like schematics, wallpapers, and logos.
The visual representation of products or packaging is protected with design registration. Many businesses rely on copyright (which occurs automatically and frequently) to provide enough protection. However, in a debate, the opposing party will deny the existence of Copyright. As a result, design registration is the best option.
Benefits of Design Registration
As it’s evident that design registration is rather common nowadays, let us look at some of the advantages of design registration under a specific Patent office. Besides the benefit of securing protection from imitators, design registration has the following advantages:
Ability to Sue
Once a design is officially registered, the owner of the design has the right to sue any imitator. This guarantees that the owner of the Design may preserve their market share by retaining exclusivity over their product or industrial design. As of 2019, counterfeit items account for 3.3% of global trade, which means that registering designs gives businesses the ability to sue the growing number of counterfeiters.
Extended Validity
A design registration certificate is valid for 10 years, after which it can be renewed or extended for a further 5 years.
Legal Protection Against Plagiarism
One of the most important benefits of design registration is that it provides legal protection against plagiarism. This process prevents other businesses from copying, selling, distributing, or duplicating their products with a similar design to the original.
Increased Commercial Worth
Design registration by a patent authority boosts the product’s commercial value and increases its marketability. This is because a product with an owner’s design has higher product placement in the eyes of potential customers.
Fair Market Competition
From a broad perspective, when a large number of innovators register their designs, it creates a competitive spirit among market participants. This pushes R&D activity, which fosters more innovation and equal benefits for businesses and customers.
Induce Customer Response
Another important benefits of design registration is that it only appeals to customers and is judged or examined only by sight.
Return on Investment
The applicant company or organization receives the exclusive right to commercialize their product after registering a design. It also improves their intangible assets and contributes to their IP (Intellectual Property) portfolio. These assets frequently generate additional revenue streams, resulting in excellent returns on investment.
Product Differentiation
A registered design is accompanied by all essential documents that include the concept and design art that distinguishes it from others. This essentially gives the design’s owner a competitive advantage in their market due to a flawless business model view.
Ability to License-Out
Design owners who have their designs registered with a certain patent authority acquire the ability to license their designs to third-party producers. They can do so inside their patent jurisdiction to benefit from the lucrative royalties paid by the licensee company.
Conclusion
While there are certain benefits of design registration, it is important to note that the rules and procedures for design registration vary amongst IP jurisdictions. While the World Intellectual Property Organization (WIPO) may have set norms, the Indian Patent Office (IPO) has its own set of rules. As a result, it’s a good idea to familiarize yourself with all of a jurisdiction’s rules and regulations before applying for design registration.
