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IP should promote innovation at grossroots level: Guv

Hyderabad, Sep 8 (UNI) Telangana and Andhra Pradesh Governor ESL Narasimhan today urged that Intellectual Property (IP) shouldn’t merely be another tool of commerce but rather perform as a means to promote innovation at grassroots level with incentivisation.
In his address at the two-day seventh edition of MIPCON 2016 conference and Exposition on 'Managing IP Assets for Business and Academic Competence' being organised by Andhra Pradesh Technology Development and Promotion Centre (APTDC) of Confederation of Indian Industry (CII) here, Mr Narasimhan also urged IP to engage with innovators at the grass root level which will help in overall incentivization of the stakeholders.
He said that we should look at the social good and go out of the strict compartments and rather promote unlabeled use of medicines.
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