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Universities and patents
The ambitious goal set by India’s IPR Policy rests on how universities embrace patents
In its biggest push to create entrepreneurial universities, the University Grants Commission (UGC) has now asked all universities in India to set up Intellectual Property (IP) Centres.
What significant changes India has witnessed after introducing the National IPR Policy(2016)?
1. The grants rates at the Patent Office have increased.
a. There was a 32% increase in the number of patents granted compared to the earlier year.
2. The Patent Office increased its workforce with the inclusion of 459 new.
3. In 2016-17, the Patent Office reported a dip of 3.2% in filing compared to the previous financial year.
4. India has a poor patent agent density, with only about 2,000 registered patent agents currently in practice.
How does patent help Universities?
Patents help universities to
a. Improve their ranking,
b. Establish an innovation ecosystem,
c. Incubate knowledge-based start-ups,
d. Earn additional revenue and
e. Measure research activity.
When can the goals of IPR Policy be realized?
1. The ambitious goal set by India’s IPR Policy will be realized only when the examination becomes the foundation for making a career in IPR.
2. In a dynamic field such as intellectual property, in order to create a band of qualified IP professionals, there should be a push towards post-qualification continuous education as well.
3. To achieve this, the format, membership, syllabus and the frequency of the patent agent examination will need to be addressed.
4. This will not only increase the number and quality of IP professionals in the country but also become a new career choice for graduates with a degree in science and technology.
Source: The Hindu.