Electronic commerce, commonly known as e-commerce or eCommerce, or e-business consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks. The amount of trade conducted electronically has grown extraordinarily with widespread Internet usage. The use of commerce is conducted in this way, spurring and drawing on innovations in electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web at least at some point in the transaction’s lifecycle, although it can encompass a wider range of technologies such as e-mail as well.

Q. How intellectual property is related to e-commerce?

A. E-Commerce, more than other business systems, often involves selling products and services that are based on IP and its licensing. Music, pictures, photos, software, designs, training modules, systems, etc. can all be traded through E-Commerce, in which case, IP is the main component of value in the transaction. IP is important because the things of value that are traded on the Internet must be protected, using technological security systems and IP laws, or else they can be stolen or pirated and whole business can be destroyed.

Q. How intellectual property is related to e-commerce?

A. Take an account of things with intangible value and see how they can be protected.

Slogans, Symbols, Brand name
Trademark Protection
Website Designs, documentation or technical writing, software scripts,
user interface materials, schematics
Copyright Protection
Technology, Business Method
Patent Protection
Contracts, Mergers or acquisition, product formulas, customer lists,
business strategies, plans for technical enhancements to products
IP assets
Integrated Circuits
Design
Know-how of business
Trade-secrets

Q.What are IP issues in designing website?

A. One of the basic elements of E-Commerce business is the design and function of the company web site. Things to take into consideration while designing website

  1. Content should be original
  2. Website Presentation should be unique and copyrighted by your company.
  3. If you are using a consultant, please make sure that contract of ownership is signed.
  4. If you are using a database, E-Commerce system, or search engine or other technical Internet tools licensed to you
    by another company, check the terms in the license agreement to see who owns the system. Make sure that you do
    have a written agreement, and get it checked over by a lawyer before you sign it and before any design, custom work
    or installation of the site begins.
  5. Do not distribute or download any content or music on your web site that does not belong to you unless you have
    obtained written permission from the owner to distribute it on the Internet.
  6. Make sure you are following copyright rules of the country.

Q. What are IP issues related to domain name?

A. A domain name is registered by you to enable Internet users to locate your company,s site on the web. Company domain names may be registered in any number of “top level domains”called “TLDs“. You can choose from the “generic top level domains” (“gTLDs“), such as .com, .net, .org and .info. Or you can choose from the specialized and restricted top level domains if you qualify (e.g. .aero for air travel and transport businesses, or .biz for commercial enterprises). You can also register your domain name under a “country code top level domain” (“ccTLD“), for example, .bn for Bulgaria, .cn for China, .ch for Switzerland.

A. One of the basic elements of E-Commerce business is the design and function of the company web site. Things to take into consideration while designing website

  1. Content should be original
  2. Website Presentation should be unique and copyrighted by your company.
  3. If you are using a consultant, please make sure that contract of ownership is signed.
  4. If you are using a database, E-Commerce system, or search engine or other technical Internet tools licensed to you
    by another company, check the terms in the license agreement to see who owns the system. Make sure that you do
    have a written agreement, and get it checked over by a lawyer before you sign it and before any design, custom work
    or installation of the site begins.
  5. Do not distribute or download any content or music on your web site that does not belong to you unless you have
    obtained written permission from the owner to distribute it on the Internet.
  6. Make sure you are following copyright rules of the country.

Q. What are IP issues related to domain name?

A. A domain name is registered by you to enable Internet users to locate your company,s site on the web. Company domain names may be registered in any number of “top level domains”called “TLDs“. You can choose from the “generic top level domains” (“gTLDs“), such as .com, .net, .org and .info. Or you can choose from the specialized and restricted top level domains if you qualify (e.g. .aero for air travel and transport businesses, or .biz for commercial enterprises). You can also register your domain name under a “country code top level domain” (“ccTLD“), for example, .bn for Bulgaria, .cn for China, .ch for Switzerland.

  • They motivate employees who enjoy challenges and who may benefit from remuneration or other benefits from the
    company.
  • They help record and develop new ideas.
  • They can increase the valuation of your company in the context of investment, finance, merger and acquisition transactions.
  • They can support an increase in the price of your products by giving your company products exclusive features unavailable to competitors.
  • They can increase sales of your products by giving your company products exclusive features unavailable to competitors.
  • They can be a source of royalties in licensing transactions, thus adding revenues to your company bottom line. Such royalties can be in a lump sum, in installments, based on units of product sold, or based on a percentage of revenues from sales of product.
  • They can permit your company, if it grants licenses to the patent, to expand its markets and/or create a platform, whereby licensees develop and differentiate products based on the patent.
  • They can be used in connection with participation in standard bodies or consortia, where different companies join forces to create interoperability or promote a technology.
  • They can be used defensively in case your company is accused of violating the patent of another company; you can protect your company from litigation and/or trade your patent against the accusing company’s asserted patent.
  • They can help your company develop strategic alliances with other companies who wish obtain license of your patents and thereby increase their patent portfolios