Role of IPRs in global economy cannot be undermined, says Prof

Tribune News Service

Amritsar, September 11

The increasing significance of intangible assets in the global economy is forcing business organisations to actively manage their Intellectual Property as a key driver for building and sustaining their competitive advantage and achieving superior performance. In this backdrop, a one-day webinar on ‘Importance of Intellectual Property in innovation Management for startups’ was organised by Intellectual Property Right Cell, Guru Nanak Dev University, Amritsar in association with PHD Chamber of Commerce & Industry and Ministry of Small and Medium Enterprises, Government of India.

VC Prof (Dr) Jaspal Singh Sandhu said the need of Intellectual Property Rights in today’s dynamic environment cannot be undermined. RS Sachdeva, Mentor, PHD Chamber of Commerce stressed on the need for registering intellectual creations and using IPR’s for the betterment of country. He explained the importance of IPR protection and how inventions and intellectual creations could help boost economic and technological developments in the country.

Advocate Geeta Gulati, Trade Marks & Patent Attorney, was one of the keynote speakers during the session. Gulati delivered her lecture on ‘Overview of IPR’. She presented her view on the current scenario of IPR and the status of India in terms of innovation and filing of IPR. She motivated students to be innovative, vigilant and briefed the audience about patenting system and various statutory provisions in India which focus on patenting in Pharmaceutical and Engineering related Inventions & innovations.

Another speaker, Advocate Deepika Divekar from Pune, delivered her keynote speech on Facilitation and Systems of Protection of IPR tools and legalities for startups.

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