Revolutionizing Alternative Dispute Resolution In Intellectual Property

Kriti Krishna, Christ (Deemed to be University)

Sebukta Nasrin Hussain, Christ (Deemed to be University)

ABSTRACT

Intellectual Property Rights (IPR) have become crucial for research collaborations, transforming them into valuable business assets. Cross-border transactions often lead to disputes due to different laws and backgrounds. Entities familiar with Alternative Dispute Resolution (ADR) efficiently resolve such conflicts, avoiding high legal costs. ADR, particularly arbitration and mediation, provides a unified forum for entities from diverse nationalities, ensuring a final and enforceable award across jurisdictions. Increasingly, IP owners turn to ADR to resolve disputes. This research paper explores debatable issues, including the viability of ADR as a real alternative to IP disputes litigation and the extent to which IP right disputes can be brought under ADR procedures.

Keywords: ADR, Arbitration, Mediation, IP disputes, Copyright, Trademark, Patents