‘Role of IPR immense in knowledge economy’

When compared to China, India is way behind in filing Intellectual Property Rights applications, says GSIB director. He pointed out that commercialisation of research and patent was important both for the country and the researcher.

December 24, 2014 12:54 am | Updated November 18, 2016 05:13 pm IST - VISAKHAPATNAM:

Additional Director of ER and IPR, DRDO, Avinash Kumar, answering a question  at the one-day workshop organised  in Visakhapatnam on Tuesday. B. K. Sahu of NRDC,  R. Devan of Patent Office, and V. K. Kumar of GSIB are seen.

Additional Director of ER and IPR, DRDO, Avinash Kumar, answering a question at the one-day workshop organised in Visakhapatnam on Tuesday. B. K. Sahu of NRDC, R. Devan of Patent Office, and V. K. Kumar of GSIB are seen.

When compared to China, India is way behind in filing Intellectual Property Rights applications.

In 2011, India filed only 5,160 application forms and China 1.72 lakh, said director of GITAM School of International Business (GSIB) V.K. Kumar.

He was delivering the inaugural address at the one-day workshop on ‘Technology commercialisation and role of Intellectual Property Rights’, jointly organised by the National Research Development Corporation (NRDC) and the GSIB, here on Tuesday.

According to Prof. Kumar, the IPR-driven industry in India has to go a long way. “In the U.S., the IPR-driven industry is valued to be over 3 billion USD and caters to about 40 million jobs,” he said.

Giving an overview of the IPR and the research and development ecosystem, NRDC Deputy Manager B. K. Sahu said that the 21st century belonged to the knowledge economy, and in this environment the IPR played an important role.

He pointed out that commercialisation of research and patent was important both for the country and the researcher.

Mr. Sahu informed the gathering, comprising students, researchers, and faculty members, that India was ranked 35 when it came to global competitiveness and 27 on quality of research. He also said that private universities were doing much better on filing of patents than State-run institutions.

Deputy Controller of Patent and Design, Patent Office, Chennai, R. Devan, in his presentation, spoke about the Indian patent system, the procedures to register a patent, and various norms on who can and who cannot file patent.

R.P. Yadav from SR4IPR Attorney, New Delhi, gave an insight on what was needed to be disclosed while filing a patent.

While Mr. Avinash Kumar, Additional Director, ER and IPR, DRDO, Delhi, spoke on IPR issues concerning academics, Senior Manager of NRDC, New Delhi, N.K. Bhandari, touched upon technologies commercialisation and role of NRDC.

Senior IP Attorney from Bhubaneswar Avinash Kumar and scientist from DSIR A.V. Chainulu addressed the participants.

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