Manage your Intellectual Property in Latin America

Invention exploitation beyond patents in Peru

Bravka, a Slovenian SME in the agriculture sector, developed an innovative technology to protect crops from frost.

The resulting machine was inspired by a hard frost that affected plantations in October 1991. That year, one of the affected farmers decided to create a method to control frosts more efficiently and economically.

Some years later and after several tests he obtained a patent and trademark protection in some European countries and in the United States.

Moreover, a Peruvian company (Piscul) offered to become his distributor in Spain in exchange for a royalty.

A year before the patent was due to expire, the EU entrepreneur detected that his licensee was commercializing his machine in Peru without his permission.

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Monday, March 20, 2017 - 10:24
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