Intellectual Property Rights (IPR)

 The increasing importance of intangible assets (as a source of Competitive advantage for a Nation) has made the intellectual property (IP) system increasingly attractive and, in many cases, indispensable for all economic agents. Intellectual property (IP) is a key consideration in day-to-day business decisions. New products, brands and creative designs appear almost daily in the market and are the result of continuous human innovation and creativity. While Indian industry has been increasingly realizing the importance and benefits of IP creation and protection, the Indian Government has been doing their best in creating conducive environment by upgrading infrastructure and bringing in policy level initiatives in the country which has resulted in sweeping changes in IP culture and administration in the Country. CII, realizing the importance of IPR as the key differentiator for industrial competitiveness institutionalized a dedicated department manned by domain experts & professionals more than a decade back. CII’s IPR division informs, analyses, match makes, facilitates and implements IPR related requirements of Industry, Government, Institutions and Society. The overall objective of CII’s initiatives in IPR is to facilitate Indian Industry to attain global leadership by harnessing and leveraging IP as the development of stringent and staunch IPR system towards creating a strong IP ecosystem is an urgent need for all over the World. The primary focus of the initiative is to, take policy initiatives, awareness creation, Capacity Development, IPR Services, international networking and also combating the menace of counterfeiting & piracy. CII in partnership with Technology Information forecasting and Assessment Council (TIFAC) (under the aegis of the Department of Science & Technology, Govt. India and Govt. of Andhra Pradesh) had established in the year 2000 an autonomous organization named Andhra Pradesh Technology Development & Promotion Centre(APTDC) in Hyderabad, it acts a one stop shop for IPR facilitation services for MSMEs , Academia and Entrepreneurs and nodal agency on GIs in the state of AP and Telangana .CII also in association with the Ministry of Micro Small & Medium Enterprise, (MoMSME) Govt. of India has established an Intellectual Property Rights Facilitation Centre (IPFC) at Mysore, Indore and Gandhinagar The primary objective of these IPFCs is to “Boost IP Culture” which would enhance the intellectual capital that is vital for the economic development of the state. These IPFCs are also the pioneer institution in the country in providing various IPR services towards Training, Information & Advisory services and IP Protection facilitation. In 2015 CII started the CII Industrial Intellectual Property Award for the Indian industries get national and international recognition for excellence in intellectual property protection. The purpose of this award is to encourage organizations to foster a culture of intellectual property management and commercialization and recognize IP excellence across industry segments. For more details please follow below links http://ciitechknow.com/IPR/

–Rahul Kumar, Senior Reporter