Thursday 14 July 2016

Entrepreneurs need to understand patents and intellectual rights


Knowledge of patent protection and intellectual protection rights appears sketchy among entrepreneurs who often keep it till it is too late to protect their innovations, officials from the department of industrial policy and promotion (DIPP) said.
Speaking at a seminar hosted by the confederation of Indian industry (CII) - Goa chapter, Union government officials pointed out some of the simple mistakes committed by entrepreneurs and innovators.
"One of the common mistakes is to publish your invention before applying for the patent, or waiting for the full development of a product, or fine tuning the innovation process before filing for a patent," deputy controller of patents and designs N Ramchander said, while speaking at the seminar held at CII.
DIPP officials also cautioned innovators, industries and entrepreneurs to refrain from using, displaying or commercializing their innovation process before filing the patent application. "Even if you publicize the process in secrecy, it is not recommended," Ramchander said.
Speaking at the inaugural session, chairman of CII's Goa chapter, Shekhar Sardessai raised concerns about the Union and state governments committing infringements of intellectual property rights.
"Unless the Union government protects IPR in the tendering process, IPR and innovation will not grow in the country especially in sectors like defence which have just been opened to the private sector," Sardessai said while urging the DIPP officials to raise these concerns with the Union ministry of commerce and industry.
"Foreign companies are protected, but Indian companies are basically told, 'Give us your drawings if you want to participate in the tender, the tender is designed in such a way that IPR is not protected'," Sardessai said.
The DIPP officials also warned inventors and innovators to ensure that their patents did not lapse due to non-payment of renewal fees. A patent is valid for 20 years, Ramchander said.

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