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Indian approaches to ip management and the current

Indian approaches to ip management and the current



Presented at UK Intellectual Property Office Workshop on the Management of Intellectual

Presented at UK Intellectual Property Office Workshop on the Management of Intellectual
Property in UK-India R&D Collaborations, Delhi, 30th January 2012



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    Indian approaches to ip management and the current Indian approaches to ip management and the current Presentation Transcript

    • Indian Approaches to IPmanagement and the current framework A.S.Rao CIIE,IIM,Ahmedabad http://www.linkedin.com/in/indiainvents 1
    • Management of Intellectual Property in UK-India R&D Collaborations• Treatment of Assets by Government of India,• IP management as `Options’ by Indian Business,• Intellectual assets as building blocks for academics,• Long tail of university research revenues and emerging opportunities. 2
    • Intangible assets• Accounting treatment covered under General Finance Rules (2005),• Ministries or Departments of Government sponsor projects or schemes to be undertaken by Universities, Indian Institutes of Technology and other similar autonomous organizations such as ICAR, CSIR, ICMR,etc.• On completion of the project or scheme, a stipulation should be made in such cases that the ownership in the physical and intellectual assets created or acquired out of such funds shall vest in the sponsor 3
    • Flexibility exists• PATSER of DSIR , first to provide matching, conditional grants to private commercial firms allowed rights for commercialization of technology on exclusive basis and full ownership of IP by the executing agency.• Similar approach followed by TDB of DST providing soft loans to companies and TePP (of DSIR) providing grants to independent innovators,• Yet , most of government departments are uncomfortable to provide grants to commercial firms, take a decision on treatment of Patents… and wait for amendment to GFR (!!!). 4
    • IP in a business package• With acquisition of JLR, Tata Motors gained access to two design centers,• Tata Steel with Corus acquisition gained access to European research in Ultra Low CO2 in steel making,• Another arm of Tata’s invested in start-ups working on Unmanned Aerial vehicles, Multi-fuel compressors etc.• Options also include investment in Sun Catalytix — an energy storage and renewable fuels company — founded by a Massachusetts Institute of Technology (MIT) professor, Daniel Nocera,• Indian firms invest in business and look for IP to support – not develop business from IP (!!!) 5
    • Intellectual Assets management in Universities• Licensing is only one form of knowledge transfer from knowledge generating community,• Research leads to learning and make the faculty better teachers,• Discover STARS at IP stage- CIIE pilot with focus on processes. Modules on Mapping Institute IP, Developing screens to prioritize, link bundled IP to innovation, developing business scenarios etc. 6
    • Long tail of university research revenues• Only one out of every 200 license agreements is expected to generate more than $1 million in royalty income (AUTM 2007),• Many innovations that aren‘t actively offered probably do have merit, though this merit leads to a small demand, not a hit,• Next wave of technology partnering could be between `Knowledge clusters’ and `production clusters’ 7
    • Templates needed for…• Collaborative R&D projects based on acquired patent(s),• Assessment of bundling potential,• Dynamic model of evaluation for periodic disposal of IP as open IP,• Guidelines for dealing with non practicing entities. 8