Methodology Of Collaboration Between Industry – University, Institutes In Light of the Protection and Utilization of Public Funded Intellectual Property Bill
Indian Streams Research Journal, Volume-3, Issue-9, Oct-2013
9 Pages Posted: 22 Mar 2019
Date Written: October 31, 2013
Abstract
To compete in a global environment, it is necessary for India to innovate & promote creativity which needs to protect and utilize the Intellectual Property created out of public funded R&D, in which Government has invested large funds. It is the responsibility of Universities, to encourage students, faculty to innovate and such innovations can be utilized for raising financial resources of these establishments, through royalties or income which will minimize dependence of universities, institutions. Further the duplication of research shall be minimized i.e. both industry scientist & academic scholars are working on same problem but they there is confusion in approaching to the industry. Hence there is need to attracting Industry to campus by different activities like internships, establishment of Council for Industry, set up joint governing bodies or academia industry cell, guest lectures, seminars by industry professionals, curriculum developments, joint research projects, mandatory Summer / winter in-plant training for one month during the all year of Graduation & Post Graduation, overhaul of the Apprentice Act, to prepare central database / website of field wise Industrial problems / projects in which any industry can enter their problems/research work and any Institutes who are interested can collaborate with the company for the research.
Keywords: IPR, royalty, Protection and Utilization Public funded, research, university, industry, duplication of research
JEL Classification: M10
Suggested Citation: Suggested Citation