In today’s intellectual era, India has shown a considerable growth in its research and development. The presence of well-established state of the art labs of Indian as well as multinational companies in the country has clearly proved the Indian IP status in the world. The rise in Indian economy is a clear impact of Intellectual Property influence in the country. In the modern-day environment of digitalisation and global knowledge sharing, the need for protection of intangible assets is higher than ever before. IPR provides a secure environment for investors, scientists, artists, designers, traders etc. to foster innovation and scientific temper. This innovation often has potential to yield astronomical returns and rewards to creators and users.
For many businesses, intellectual property protects more than just an idea or a concept – it protects genuine business assets that may be integral to the core services of the business and overall long-term viability. Companies of all sizes are at risk of having their unique ideas, products or services infringed upon, even if they are on the other side of the world, making intellectual property protection more important than ever. The legal structure for IPR does reflect the underlying policy orientation and national priorities, which have evolved over time, considering the development needs and international commitments. Intellectual property protection is critical to fostering innovation.
The continuous efforts of the government in policy establishment, IT protection, infrastructure, IPR search portals and manpower made this Industry a step ahead.
The 5th Annual IPR India Summit 2023 will delve on the aspects of providing meaningful and valuable insights from IP leaders by offering a mix of thought provoking and practical sessions while covering a wide range of topics along with a unique industry networking platform.courtesy
@Inventicon Business Intelligence
