In a knowledge-based economies, intellectual assets such as intellectual property (IP), human capital and organisational capabilities play a crucial role in business performance and economic growth. An increasing share of the market value of firms seem to come from their intellectual assets, and companies are managing these assets more actively to further enhance their contribution to value creation. This is particularly evident in the case of intellectual property, most notably patents. As firms shift to more open models of innovation based on collaboration and external sourcing of knowledge, they are exploiting their patents in a wider variety of ways – not only incorporating protected inventions into new products, processes and services, but also licensing them to other firms or public research organisations, using them as bargaining chips in negotiations with other firms, and leveraging them to attract external financing from banks, venture capitalists and other sources (extract from OECD working paper, 2006).

“Hands On Training on IP Laws For Professionals and Students.”

A new study by the World Intellectual Property Organisation reports that the global market for intellectual property is now worth US$ 180 billion a year. According to the World Intellectual Property Report 2011 – The Changing Face of Innovation, royalty and licensing fee revenue rose from US$ 2.8 billion in 1970 to US$ 27 billion in 1990 and hit the US$ 180 billion mark in 2009. In this total market share a vibrant country like India presently does not show a promising future.

India is the world’s largest democracy and the 4th largest economy on Purchasing Power Parity basis with and unprecedented average annual growth. The rise in the disposable income and affinity for global brands makes it an important consumption hub. Despite the global recession Indian economy grew by 6.7% in 2008-09 and has the potential to grow at 5% for next 40 years. India also has a diverse industrial base and has seen capacity upgradation in infrastructure, industrial base and intellectual capital in the past decade. It also shows a progressive movement towards liberalization and opening of the economy to FDI and liberal policy on technology collaboration. India is a flourishing base for research and development activities. There are numerous initiatives by the Indian government to encourage the R&D growth and innovation.

India’s IP statutes provide clear guidelines and provisions regarding the granting of license and right to use. The Trade Marks Act, 1999, the Copyright Act, 2013, the Patents Act, 1970 and the Designs Act, 2000 contain sections that provides for licensing IP rights and rights of the license holders. The Indian judiciary is well-equipped to handle IP licensing disputes and continues to provide top-class judicial precedents on the IP licensing matters. In general, the administrative, legislative and the judicial system in India can certainly be said to be conducive to the growth of IP assets monetisation.

Inspite of all the positive attributes, the revenue from the intellectual assets created within India is not up to the mark. One of the main reasons for this is the lack of understanding of IP and its nuances.

The primary objective of IP Shiksha is to create industry-level knowledge in IP hence enabling the participants to its programs to attain practical insights in the flied of IP.

For more information on the courses, modules and costs, please write to to us.