Patenting Nano Technology – An Intellectual Imbroglio

International Journal of Computer Science and Engineering

© 2018 by SSRG - IJCSE Journal

Volume 5 Issue 9

Year of Publication : 2018

Authors : Dr.M.Madhuri Irene, Dr.Srinivas Borra

10.14445/23488387/IJCSE-V5I9P104

How to Cite?

Dr.M.Madhuri Irene, Dr.Srinivas Borra, "Patenting Nano Technology – An Intellectual Imbroglio," SSRG International Journal of Computer Science and Engineering , vol. 5,  no. 9, pp. 21-30, 2018. Crossref, https://doi.org/10.14445/23488387/IJCSE-V5I9P104

Abstract:

Humanity, having crossed primitive stone age, agrarian age, industrial age and Information age, has been galloping into ‘Nano age’. Over the past few years, this little word ‘Nano’ with big potential has been rapidly insinuating itself into the world’s consciousness, and conjured up speculation about a seismic shift in almost every aspect of science and engineering. The newly emerging science of nanotechnology, the first new field in the present century has a peculiar trait that this field is ambitious, at the outset, to patent the basic ideas in many of the most important fields of inventions over the past century like computer hardware, software, the internet and even biotechnology. The opulence of Nanotechnology as a science is marked with the great inflow of abundant inputs from many disciplines like physics, chemistry, electronics, biology and engineering etc. It is construed to be a science with great magnitude and potential to create new materials with specific properties and devices with wide ranging applications in medicine, electronics and energy production. But it appears that nanotechnology is at a speculative early stage; only a few nanotech inventions have So far actually made it into commercial products. There are about more than 2000 consumer products in the market which are developed containing Nano-particles and using nanotechnology. But the expectations surrounding the field are immense, ranging from a utopia of free energy and abundant materials to astounding alarm of probable industrial and environmental hazards. This Article comprehends the significance of the application of Patent rights in nanotechnology products and devices, and how private domain taking away the nanotech-regime from public regime, how distinct the nanotech patents are from other patents, and patentability exemptions and exclusions, examines critically whether the supposed Nano-world is becoming the paradise of privileged rich or penurious common people.

Keywords:

Nanotechnology, Patent rights, engineering, National Institute of Standards and Technology

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