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NISCAIR ONLINE PERIODICALS REPOSITORY (NOPR) >
NISCAIR PUBLICATIONS >
Research Journals >
Journal of Intellectual Property Rights (JIPR) >
JIPR Vol.17 [2012] >
JIPR Vol.17(5) [September 2012] >
| Title: | Taking an Independent Inventor’s Inventions to the Market - Challenges and Issues |
| Authors: | Pendsey, Nandan
Agarrwal, Shuchi |
| Keywords: | Cost
Independent inventor
Innovation in India
Patent due diligence
Grass root inventions |
| Issue Date: | Sep-2012 |
| Publisher: | NISCAIR-CSIR, India |
| Abstract: | The road of the independent inventor in India is
ridden with challenges. The lack of an ‘innovative ecosystem’, funding,
knowledge and awareness, often leaves the inventor without the chance to
realize his potential. There needs to be a combined effort from both the
Government and the private sector to invest more resources to create an
environment that is conducive for the inventor. The costs incurred by the
inventor on his attempt to acquire a patent are all exorbitant and unreachable.
Rural India is often considered as a hotbed of innovation, where the
inhabitants do not wait for the market to respond to their demands, but find
innovative methods to meet their needs. Unfortunately, these geniuses are not
able to take their inventions to the market and reap their benefits, nor the
people enjoy from their inventions. This article
explores the urgent need to revamp the approach taken by both private and
public sector in the face of autonomous inventors in India, in favour of positive
action to exploit their future potential. Further, it elaborates on the patent
due diligence process along with citing case studies to strengthen the argument
for a change in approach taken both by and towards the independent inventor. |
| Page(s): | 400-405 |
| CC License: |  CC Attribution-Noncommercial-No Derivative Works 2.5 India |
| ISSN: | 0975-1076 (Online); 0971-7544 (Print) |
| Source: | JIPR Vol.17(5) [September 2012]
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