Intellectual property right (IPR) and in particular Patent is playing a key role
in the current Knowledge based economy of any country. Changes in the global economic
environment and development of information technology have influenced the development
of innovative business models, like Merger & Acquisition (M&A), Business tie ups,
Brand equitation, Outsourcing of technology, Licensing of technology, E-commerce
and like. In all these newer business models, it is very important to quantify the
intangible assets owned by the company entering into such type of new business models.
Henceforth it is important for all Directors, Strategic managers, Charted accountants
(CA), Business Development Executives, Financial institution officers (Bank officers),
Private consultants, Technology transfer officials, Angle investors, Venture Capitalists,
Manager of Start-up Incubators, Government officials dealing with industrial promotional
activities to understand about different forms of Intellectual Property Rights (IPR)
like Patent, Design, Trademark, Copyright etc. and to understand how to do valuation
of intangible assets protected by means of different forms of IPR. This will help
them to enter into innovative business models as mentioned above.
Under the visionary leadership of Honb. Prof. (Dr.) Navin Sheth,
Vice chancellor, GTU has successfully organized various activities for IPR awareness
by organizing faculty workshops and student workshops on various themes viz. “Patenting
in Engineering”, “Patenting in Pharmaceuticals”, “Patent Search Methodology”, “PSAR”,
“Patent Clinic” “PSTL” and “PDE” for GTU affiliated colleges since from September
2011. Due to these efforts, within 4 years’ time period more than 354 Patents
have been filed by GTU affiliated college students and faculty of Engineering
and Pharmacy discipline. The credit goes to the students, faculty and all the stake
holder of research and innovation, who have actively engaged in the promotion of
IPR and innovations. Further, to increase the skilled human resource that are not
only technically sound but also having in-depth knowledge of IPR and patents, GTU
has launched “Post Graduate Diploma in IPR” course since September 2014.
Further, to increase the skilled human resource that are not only technically sound but also having in-depth knowledge of IP valuation and management, GTU has started 6 month certification course on “IP valuation and management” course from January 2016.
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