Mr. C. M. Gaind, Former Chief & Head, Intellectual Property Consultancy & Management Division, Natioanl Research & Development Corporation, New Delhi, said that in today’s breakneck pace of technological advances, nations that have the technological edge (e.g. USA, EU Nations) hold a definitive and almost monopolistic advantage. This is because of the vast amount of intellectual property (Patents, Copyrights, Trademarks, etc.) owned by these nations. These nations have acquired the intellectual properties, which they have, over a period of many decades, and with a very inventor-friendly IP policy of their governments. As a result, IP industry has become a multi-billion dollar industry globally. The importance of protecting intellectual property rights of inventors has not only the economic and technological significance, but social and strategic implications also. All in all, it requires a large and highly skilled and thoroughly trained workforce to manage IPRs of a nation.
|