Study and Comparative Analysis of the Patenting System and Culture in Context of Educational Institutions in India (original) (raw)
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Journal of Interdisciplinary Economics, 2010
In present times, it is inconceivable that intellectual property rights were once the target of serious criticism in several countries around the world. What is ironic is that countries that are today considered as the strongest advocates for intellectual property protection, particularly patents, were once fighting tooth and nail against all forms of private proprietorship in intangible property. This change of heart was perhaps engendered due to an understanding of the long-term benefits of this protection regime which sequestered information and the benefits arising therefrom, and gave monopolistic rights over exploitation of the same. Despite the diatribe that intellectual property protection has received historically, there is a contemporary consensus that intellectual property protection is required for the sustained progress of a society. Some may argue that intellectual property, more specifically its protection, contributes to the advancement of society by encouraging innovation and their exploitation and also promoting circulation of innovations and other creations. One of the most important arguments in support of intellectual property rights is that every human has a natural right over his own creation and it is justified if a creator is granted an exclusive right to enjoy or exploit his own creation. Taking this line of thought forward, even governments are under a moral obligation to provide a creator a reward for his/her invention or novel achievement. The litmus test of a government, however, then lies in its ability to balance the trade-off between rewarding innovators and providing affordable technology. Often this trade-off engenders the most intellectual property controversies.
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From Misalignment to Synergy: Analysis of Patents from Indian Universities & Research Institutions
arXiv (Cornell University), 2023
Indian Universities and Research Institutions have been the cornerstone of human resource development in the country, nurturing bright minds and shaping the leaders of tomorrow. Their unwavering commitment to excellence in education and research has not only empowered individuals but has also made significant contributions to the overall growth and progress of the nation. Despite the significant strides made by Indian universities and research institutions, the country still lags behind many developed nations in terms of the number of patents filed as well as in the commercialization of the granted patents. With 34 percent 1 of students choosing STEM fields in India, and over 750 Universities and nearly 40,000 colleges, the concentration of patent applications in only a few top 10 institutions raises concerns. Innovation and technological advancement have become key drivers of economic growth and development in modern times. Therefore, our study aims to unravel the patent landscape of Indian Universities and Research Institutions, examining it through the lens of supply and demand for innovations and ideas. Delving into the dynamics of patent filing and innovation trends, this study seeks to shed light on the current state of intellectual property generation in the country's academic and research ecosystem.