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IIT Bombay organises conference on management of intellectual property

Earlier this month, Shailesh J Mehta School of Management in IIT Bombay organised an international conference on management of intellectual property (IP).

, ET Bureau|
Updated: Feb 20, 2012, 08.13 PM IST
MUMBAI: Earlier this month, Shailesh J Mehta School of Management in IIT Bombay organised an international conference on management of intellectual property(IP). It was attended by dignitaries from around the world like Singapore, Taiwan, Saudi Arabia, US and UK.

More than 45 technical papers related to IP were presented across multiple subjects like copyright, patents and copyrights. Key speakers at the event included Prof. Ove Granstrand, Sweden - a IP expert with over 20 books on the subject to his credit; Prof. LIU Shang - Jyh, Taiwan - a pioneer and a leader in IP education and service. He has trained more than 6000 IP professionals in Taiwan.

Dr. Heinz Goddar, Germany - a German patent attorney and European patent and trademark attorney, also a partner at Boehmert & Boehmert - one of Munich's most well-known law firms on IP, Dr. Neil Wilkof, Israel - a prominent name in the field of IP in Isreal.

Indian experts on IP like Dr. Vishwanathan Seshan from Philips, Dr. Raju Konduru from P&G and Dr. Sudeep Basu from Frost & Sullivan were also part of the event. Prof. Karuna Jain, current IPR chair at IIT Bombay was instrumental in putting together the line up of speakers at the event.

Besides discussion on the emerging trends in IP worldwide, the conference also delved on the growing importance of Indian industries and workforce in IP domain. It is perhaps unknown that over 1,000 international companies who are big R&D spenders have their R&D centres located in India and India also boasts of the largest R&D talent pool across the globe, comprising 1,75,000 scientists.

The Indian pharma industry has also taken giant strides in the field of IP. From 1950s when Indian companies were copying molecules produced internationally, the conference pointed out that over 2,000 new molecule research is being done by Indian companies today.

Similar stories have also emerged in the Indian information and communications technology (ICT) industry. From 1995 - 2000 when Indian IT was mainly about supplying engineers, today there are enough examples of Indian ICT companies serious about protecting their innovations.

Infosys for example only had a count of 8 patent filing in 2008, which leap-froged to 210 patents being filed in the year 2010 - again an indication of the serious attitude towards IP by Indian companies.

Participants at the conference agreed the need for information exchange in the field of IP and its growing importance in the world. Apart from such conferences, it is important to educate people through a more concerted effort if India needs to protect its IP and receive its due credit under the sun.

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