Symposium on “Intellectual Property (IP) Management in Academic and Research Institutes”

Chandigarh October 20, 2023: DST-Centre for Policy Research (CPR) in collaboration with Department of Biotechnology, Panjab University, Chandigarh organized a one-day Symposium on “Intellectual Property (IP) Management in Academic and Research Institutes”. Symposium aimed to familiarize the researchers/academicians/industrialists involved in basic and translational research projects with the concept of IP management including IP generation, protection and capitalization to cater the growing global market demands. Various dignitaries graced the event and enriched the participants with their thoughts.
 
Prof. Y.P. Verma, Registrar, Panjab University, Chandigarh inaugurated the event and stressed upon the IP importance. He highlighted the other ways to protect the IP of an innovation and informed the audience that patent is not the only way. He said there is a need of upliftment of IP standing of India at global level. In this regard he quoted the example of US where revenue from patents is contributing one third to its GDP. He appreciated various PU department’s initiative taken lead the field of IP.Dr. Sanjay Kumar, Chairman, ASRB, New Delhi was the chief guest and Keynote speaker on this occasion. He highlighted the need of thorough basic fundamental knowledge of R&D to come up with a new idea to excel in startups, he shared his various success stories where basic principles lead to great innovations. He stressed on the finding the uniquenessabout his/her innovation. He emphasized on the standardization while protecting IP rights. He highlighted the need of design, trademark, geographical indicators and valorization of IP. He familiarize the participants with patent trends and statistics in India from 2016-22.Distinguished experts in the domain of IP management enlighten the participants with their thoughts.
 
Divya Kaushik, Scientist, Punjab state council for science and technology let the audience engaged by highlighting the India’s standing in innovation. She mentioned the Punjab’ jump from 11th to 6th in past years due to the upliftment of STI infrastructure in Punjab. She credited the IPR’s cell at various Punjab’s HEIs for this upliftment. She familiarize the audience with concept of commercialization. In this regard, she let the participants to aware about Punjab’s IP Portfolio standing 10th in design filing and trademark filings and going way forward in this direction. She mentioned IP asset identification is the need of hour and how IP commercialization is taking the lead. She highlighted the intermingling of IP, Law and marketing for a successful IP commercialization.
 
Dr. K.P. Singh, Professor at IISER, Mohali led the audience through his discoveries which were got patented at national and international level. He mentioned the difficulties in leading the innovation to the stage of commercialization from an R&D expert point of view.Ms. Aparna Jain and Ms. Harinder Narvan, co-founders,Knowledgentia consultants, New Delhi led an interactive session. Both actively engaged the audience to aware them about IPRs and how to proceed with filing patents. They informed the audience about Indian Patent laws about filing patents and the way it differs from filling outside the country. They shed the light on bridging the gap between Industry and Academia through IPR.
 

Dr. Sukhjinder Singh, Scientist from CSIR-IHBT Pallampur gave insights to Technology Pool, Techno-Economic viability& Technology Transfer Agreements.Around 150 participants took part in the symposium, including faculty members, researchers, and students.