IAM Patent 1000 2021

Patents are essential business commodities and knowing how to obtain, enforce and monetise them has become mission critical. The IAM Patent 1000 has firmly established itself as the definitive ‘go-to’ resource for those seeking to identify world-class, private practice patent expertise.

Indonesia

After deliberating for eight months, the Indonesian House of Representatives has ratified the Job Creation Bill, also known as the Omnibus Law, which was enacted on 2 November 2020. Intended to support foreign investment, the law also introduced amendments to local patent laws, which includes reducing the time required to...

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After deliberating for eight months, the Indonesian House of Representatives has ratified the Job Creation Bill, also known as the Omnibus Law, which was enacted on 2 November 2020. Intended to support foreign investment, the law also introduced amendments to local patent laws, which includes reducing the time required to prosecute simple patents. Further, it broadened the working requirement for patents – it was previously compulsory for patent holders to work their patented invention in Indonesia within 36 months of grant or risk the patent becoming vulnerable to compulsory licensing or revocation.

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