Upcycling is the process of transforming waste materials into new products of higher quality or value. This trend has been growing in popularity in recent years, and it is now estimated that resale could account for 20% of a luxury company’s revenue by 2030. According to Vogue magazine, upcycling was the biggest fashion trend…
In accordance with the Law No. 20 Year 2016 on Trademark and Geographical Indications (the Trademark Law), a Trademark owner may renew its registered Trademark within 6 months before the due date – which is calculated from 10 years from the date of application. Before the enactment of the current Trademark Law, a registered Trademark…
IP rights are increasingly important in the sports industry, as they protect brands, logos, and other intellectual property assets, while the global sports industry is worth an estimated $624 billion. To ensure that IP is used responsibly and sustainably and that it benefits all stakeholders in the sports ecosystem, the International Olympic Committee (IOC) and…
In Indonesia, it is a legal obligation to record all intellectual property (IP) license agreements under laws relating to trademarks, patents, designs, and copyrights to ensure they are legally enforceable and binding to all relevant third parties. By law, any IP license agreements that are not recorded will not have any legal effect against all…
Fonts are Intellectual Property that can be sold outright or licensed. You can sell them directly from your own website or through a font foundry. The amount of income you make depends on the popularity of your fonts, the licensing terms you offer, and the sales channels you use. But before considering selling the fonts…
The toy industry is one of the most promising businesses for IP businesses. Of the total circulation of money, which has reached USD 107.4 billion in 2022 alone, more than 80% is Intellectual Property (IP) based toys. The best sellers were toys from IP Barbie, Disney Princess, Marvel, Star Wars, Pokemon, Minecraft, and Harry Potter.…
As the world becomes increasingly interconnected, the exchange of ideas, innovation, and creativity has become an essential engine of global economic growth. Intellectual Property Rights serve as the cornerstone of this new economy, safeguarding the interests of inventors and fostering an environment conducive to creative endeavor. Within this context, Indonesia, home to a thriving…
Patent Infringement is a serious violation that can result in legal consequences for those who violate it. Various actions carried out intentionally and without rights can be categorized as Patent Infringements. The essence of these violations is the misuse of other people’s atents for commercial interests or purposes. Actions considered Patent Infringements are regulated…
The WHO (World Health Organization) revoked the Public Health Emergency of International Concern or PHEIC status for COVID-19 on May 5, 2023. Indonesia will also revoke this emergency status shortly, marked by the loosening of the rules for using masks in public places. COVID-19 has become a human tragedy in the last three years, in…
The IP (Intellectual Property) business in the entertainment industry is up-and-coming. We can see how the Walt Disney Company became a giant by producing its own animated series and feature films and continuing to buy well-known IPs such as Marvel Heroes, Star Wars, and many more. The valuation of the company founded by Walter Elias…