Simrandeep KaurAIR 15 · CSE 2025 · 172 wordsTheir whole copy
Opening · a definition
India belongs to top 50 Countries group in Global Innovation Index of WIPO. IPRs are rights of creators to incentivize their innovations. Article 27 of UDHR consider it as a Human Rights. Various laws:-
Body · points and prose
(GI Tags) ↑ (IPR) ← (Types of IPRs in India) → (Copywright for writings, etc.) ↓ ↖ (Design) (Trade marks)
Various laws:-
- Patent Policy, 2014.
- The Protection of Plant Varieties & Farmers Rights.
Limitation in commercialization of IPRs.
- Compulsory licensing for generic medicines. e.g. Johnson & Johnson Diabetes case.
- Lack of Awareness of Patents amongst youths. → more rich patent culture in US & China.
- Global Biopiracy. e.g. US patents on Turmeric.
- Patent evergreening for profit maximization encourage more government inteference.
- long process of getting recognition of patent.
- only 0.7% GDP invested on R&D.
Measures required-
- IPR awareness through NIPAM to youths for knowledge based economy.
diagram [Innovators] ↓ [Entrepreneur] ←--→ [Firms] ↑ | ↓ └--------------┴← [Household]
Human capital based development.
Investments on R&D through NIRF matching global Average.
Transparency in mediating farmers v/s Patent companies; local producers v/s foriegn patents.
Close · a vision
If China has rare earth, middle east has oil, strong IPR ecosystem can make India says "I have knowledge" by 2047.