GITPRO Event in Pune on 17th June, 2012

[Awadhesh Vaish]

GITPRO Event: "Patents, IP Rights & Indian IT Industry - A necessary step for next evolution"

 

June 17, 2012 at 5:00 PM - 7:00 PM

Atur Center (SICSR), Near Eden Court Restaurant, Room 707, Model Colony, Gokhale Road, Pune 411006

http://gitpro.org/

 

In India, there is a negative general perception that the law, regulations and enforcement agencies are not in favor of Intellectual Property Generators & Holders unlike the developed countries, it may not be completely true.

 

In an organizational level Patent, Design, Copyright etc. may not be used only for enforcement; rather they can be used for many factors such as Deterrent to Competition, Market Differentiator, Value Proposition, Marketing Tool, Increasing Value of the company etc. These IPs come with many benefits such as Increased Value can avail larger financial bandwidth as well as better bargain at the time of

Merger & Acquisition. Similarly a technology professional that invents/ innovates and subsequently protects the IPR in individual level or through organization can not only get the recognition inside & outside as an Inventor but also can get financial benefits and claim tax exemption on royalty amount. So, it would be an injustice to view IP practices in Indian Enforcement perspective alone.

Moreover now the Technology business is not limited to boundary of any nation. May it be service or product, the whole globe is the market. And in every country the law is different as well as the legal environment.

 

In the present scenario of ever decreasing profit margin and ever increasing competition, individuals as well as enterprises have to be aggressive towards IPR & Innovation in both Product and Services. It should not be forgotten that ailing Nokia is getting $500 million per annum only from the licenses of its large Patent Portfolio. Similarly Motorola was bought by Google for $12.5 billion, only for its IPR.

 

On one hand, only 37,000 patents were filed in India (by mostly nationals of other countries), more than 300,000 patents were filed in China; surpassing patent filing US and Japan in 2011 for the first time. It is projected that China will be filing 500,000 patents in 2015.

So, to move to higher level in the value chain as an Individual or as an Organizational; to be prepared for Global Competition; there is an urgent need to Innovate & Protect.

 

Speaker:

All speakers are internationally acclaimed and published research papers & books on various topics.

• Mr. Hasit Seth – Director at Coofluence and visiting scientist at National Chemical Laboratory. Mr. Seth is Harvard Law School educated.

• Mr. Anil Paranjape: Venture Capitalist and entrepreneur, Board member at Avalara Technologies Pvt Ltd, Director at Sofomo Embedded Solutions, Co-founder PuneCleanTech

• Mr. Suhas Kelkar: CTO at BMC Software, pioneering work as Director of Innovation for BMC previously. A long and illustrious career in the IT field following engineering and management education from Pune, University of Florida and University of Washington. National level swimming, diving and waterpolo champion!

 

 

Join us for an informative talk on how IP protection related issues affect our country and our professional in particular.

Location

Symbiosis Atur Center (SICSR), Near Eden Court Restaurant, Room 707, Model Colony, Gokhale Road, Pune 411006

 

Free Event!

 

RSVP suggested

Event Registrations

Contact by email at in...@gitpro.org OR pu...@gitpro.org

Visit us at http://gitpro.org/

Membership:

GITPRO Pune Chapter. (http://www.linkedin.com/groups?about&gid=2384046)

Labels: copyright, IPR, Patents, Indian IT industry