Nurturing Entrepreneurship: IP strategies boosting national programs like 'Make in India'

Gurugram, 22nd February, 2020: NASSCOM Center of Excellence – IoT & AI in partnership with the European Business and Technology Centre (EBTC) has organised an interactive seminar today on ‘Use of Patent Information Resources’ here at the national capital.

The objective of the seminar was to provide a common platform to the technology-driven Startups, SMEs, Researchers & Product companies and to provide them with a deep understanding of the Patent information resources within the IP framework and consequently leveraging IP for commercial success.

The Chief Guest of the Seminar was Dr Ajai Kumar Garg, Director, Ministry of Electronics & IT, Government of India. He also heads Innovation and IPR Division, Software Industry Promotion Division, International Cooperation - Bilateral Division & Multilateral division at Ministry of Electronics & Information Technology, Government of India.

While addressing the budding entrepreneurs Dr. Ajai Kumar Garg said, “Intellectual Property and technology management are the key strategic components for start-ups and SMEs to hold a leadership position in a competitive bio-innovation ecosystem. The IPs developed in India help increase the innovation quotient of the country. In this regard, we extend support to start-ups and SMEs in providing a wide range of IP support through our various programmes including a focused program in providing assistance for filing national and global IP”.

Speaking at the seminar Hana Onderkova, IP Head of EBTC, said, “There are two consistent trends that we have noticed, first increasing awareness in the Indian industry and academia regarding the generation of new IP in India, the outcome of which is increased filing of IP from India thus highlighting the potential of Indian innovators in generating world-class IP. Second, we notice increasing predisposition amongst academia and industry to collaborate in developing IP based technologies. These early visible trends have to be supported and amplified”.

Sudhanshu Mittal, Head - CoE Gurugram & Director – Technical Solutions, talked about challenges faced by developer community in generating the intellectual property. As per him, the challenges for the community start with something as basic as identification of what is an IP in the work being done by them which would be worthy of protection. While next level challenges in filing the IP and addressing cost concerns are well known, the initial problem of being able to identify the IP is not even considered a problem. He stated that NASSCOM CoE is taking steps to organize specific sessions focused on how to identify an IP.

The event was attended by more 100 participants from Product Startups, Independent Researchers, Industry Practitioners, and the group of the people who have filed patents in India and Abroad.


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