Review Papers | Economics | India | Volume 4 Issue 8, August 2015
An Overview of Indias Draft IPR Policy
Ours is a capital-scarce nation and so foreign capital plays a very important role of a catalyst in the industrial sector, thus, contributing to economic growth. But, recently, there is a new form of capital which has caught the attention of one and all and that is, human capital. There is lately a growing emphasis on invention and innovation, which is why 2011-2020 has been termed as the Decade of Innovation. One way to boost and protect innovations is Intellectual Property Rights (IPRs). IPRs refer to rights which are conferred on individuals, companies or organizations pertaining to specific innovation or invention in products or processes for a certain period of time. On 22nd October 2014, the Department of Industrial Policy & Promotion (DIPP) set up a National IPR Think Tank (NITT) to draft an overarching IPR policy and advise the government on IPR related issues. The need of the hour is to improve the IPR regime both from the side of the legislation and also from the side of policy-implementation which would help in the creation of a better environment for improving the overall level of innovation in the country.
Keywords: competitiveness, copyright, innovation, trademarks, TRIPS
Edition: Volume 4 Issue 8, August 2015
Pages: 1972 - 1975
How to Cite this Article?
Shruti Garg, "An Overview of Indias Draft IPR Policy", International Journal of Science and Research (IJSR), https://www.ijsr.net/search_index_results_paperid.php?id=SUB157861, Volume 4 Issue 8, August 2015, 1972 - 1975
Similar Articles with Keyword 'competitiveness'
Research on Credit Risk Management of Auto Finance - A Case Study of H Auto Finance Company
Zhao Linzi, Wang Tao
Resource-Based Effect of Strategy and Entrepreneurship Orientation of Small and Micro Advantage Competitive (Studies in Ethnicity Services Business Maluku)
Similar Articles with Keyword 'innovation'
A Study on Possibilities of India for being $5 Trillion Economy till 2025 Considering COVID-19 Crises
Research on the Interactive Development of Venture Capital, Scientific and Technological Innovation and Urban Cultural and Creative Industries
Qinghao Gao, Zengrui Tian