Shap­ing the Fu­ture: Pro­mot­ing In­no­va­tion, Cre­ativ­ity & IP Gen­er­a­tion Among Women En­trepreneurs

FICCI Business Digest - - News -

In­tel­lec­tual prop­erty right and in­no­va­tion go hand in hand. While in­no­va­tion is the key to progress, it is IP rights that fa­cil­i­tate in­no­va­tion and make sure that the in­no­va­tors' ef­forts are well-re­warded. In­no­va­tive in­dus­tries by them­selves and through con­nected in­dus­tries also have the po­ten­tial to gen­er­ate vast streams of rev­enue and em­ploy­ment. As the In­dian econ­omy read­ies for the next level of devel­op­ment and pros­per­ity, it will be the in­no­va­tion-based in­dus­tries which will lead the way.

FICCI, in col­lab­o­ra­tion with Depart­ment of In­dus­trial Pol­icy and Pro­mo­tion (DIPP), Min­istry of Com­merce and In­dus­try, com­mem­o­rated the World In­tel­lec­tual Prop­erty Day 2018 with a con­fer­ence on 'Pro­mot­ing In­no­va­tion, Cre­ativ­ity and IP Gen­er­a­tion Among Women En­trepreneurs', on 27 April 2018 at The Lalit Ho­tel, New Delhi. The fo­cus of the event was in keep­ing with WIPO's (World In­tel­lec­tual Prop­erty Or­ga­ni­za­tion) theme for this year's World IP Day – Pow­er­ing

If we don't pro­tect IP, no­body is go­ing to in­no­vate and with­out in­no­va­tion, we'll all stag­nate.

Suresh Prabhu Min­is­ter of Com­merce and In­dus­try

Change: Women in In­no­va­tion and Cre­ativ­ity – and was in­tended to be a trib­ute to the bril­liance, in­ge­nu­ity and courage of the women who are mak­ing a dif­fer­ence in our lives while shap­ing our world's fu­ture. The event also pro­vided the op­por­tu­nity for a com­pre­hen­sive dis­cus­sion on In­dia's in­dus­trial land­scape in the light of var­i­ous de­vel­op­ments in the coun­try's IP regime, and how in­no­va­tion was now driv­ing global eco­nomic growth.

Ramesh Ab­hishek, Sec­re­tary, Depart­ment of In­dus­trial Pol­icy and Pro­mo­tion, ad­dress­ing the in­au­gu­ral ses­sion, un­der­lined the need to take tan­gi­ble steps to in­crease women's con­tri­bu­tion in in­no­va­tion and cre­ative in­dus­tries, and in­vited ideas from stake­hold­ers on the ini­tia­tives that were re­quired in this re­gard. On re­cent de­vel­op­ments in In­dia's IP regime, he in­formed, that since the Na­tional IPR Pol­icy in 2016 an­nounce­ment, sig­nif­i­cant progress had been made in the dis­posal of IP ap­pli­ca­tions, with patent ex­am­i­na­tion in­creas­ing from 17,000 in 2015-16 to 60,000 in 1016-17, while patent ap­pli­ca­tion dis­pos­als grew from 22,000 to 47,000 dur­ing the pe­riod. Sim­i­larly, trade­mark ex­am­i­na­tion time has re­duced dra­mat­i­cally from 13 months to less than a month. Fur­ther, the trans­fer of Copy­right Board to DIPP has re­sulted in copy­right regis­tra­tions in­creas­ing sub­stan­tially from 4,500 to al­most 20,000. Ab­hishek said that if In­dia was to fig­ure among the world's top

coun­tries, it would be aided only by an in­no­va­tion-driven econ­omy. He ap­pre­ci­ated FICCI's con­tri­bu­tion in build­ing a strong IP regime in the coun­try, in­clud­ing for the many pro­grammes car­ried out with DIPP in the pol­icy im­ple­men­ta­tion ini­tia­tives, and con­cluded em­pha­siz­ing that In­dian gov­ern­ment was com­mit­ted to putting in place a ro­bust IPR regime, mak­ing In­dia in­creas­ingly in­no­va­tive, and reach­ing the ob­jec­tive of mak­ing In­dia a US$10 tril­lion econ­omy by 2030.

Jus­tice Pratibha M. Singh, Judge, Delhi High Court, in her ad­dress, un­der­lined the sig­nif­i­cant vi­tal­ity of In­dia's IP regime ev­i­dent from the large-scale fun­da­men­tal changes it had wit­nessed, in­clud­ing en­act­ment of the Com­mer­cial Courts Act and es­tab­lish­ment of CIPAM (Cell for IPR Pro­mo­tion and Man­age­ment). Ap­pre­ci­at­ing the var­i­ous gov­ern­ment ini­tia­tives like the an­nounce­ment of guide­lines for biotech, com­put­er­re­lated in­ven­tion and clin­i­cal trials, and the sig­nif­i­cant re­duc­tion of time­lines in trade­mark and patent reg­is­tra­tion pro­cesses, she said that In­dia's IP sec­tor was ex­pected to see tremen­dous growth. Fur­ther, mea­sures such Al­ter­nate Dis­pute Res­o­lu­tion mech­a­nisms in IP op­po­si­tion pro­ceed­ings would in­crease the In­dian IP sys­tem's ef­fec­tive­ness. On women in­no­va­tors and en­trepreneurs, she felt that while wom­en­folk by and larger were more cre­ative in all walks of life, women sci­ence grad­u­ates and post­grad­u­ates, in par­tic­u­lar, should be en­cour­aged to ex­ploit their cre­ative ap­ti­tudes as well as to be­come as cer­ti­fied patent agents.

Suresh Prabhu, Min­is­ter of Com­merce and In­dus­try, through a video mes­sage, stated that IP pro­tec­tion was the key to en­cour­ag­ing in­no­va­tion and the gov­ern­ment was ad­dress­ing all IP-re­lated is­sues be it leg­isla­tive, ad­min­is­tra­tive, en­force­ment or pros­e­cu­tion. Urg­ing In­dian in­dus­try to in­creas­ingly en­cour­age in­no­va­tion in their work cul­ture, he ob­served, 'If we don't pro­tect IP, no­body is go­ing to in­no­vate and with­out in­no­va­tion, we'll all stag­nate.'

Naren­dra Sab­har­wal, Chair, FICCI-IPR Com­mit­tee and For­mer Deputy Di­rec­tor Gen­eral, WIPO, ob­served that there was a pro­nounced gen­der gap in IP, which must be ad­dressed be­cause so­ci­ety would be bet­ter off when women were em­pow­ered to make their con­tri­bu­tion to in­no­va­tion and cre­ativ­ity. He also said that glob­ally the fo­cus on in­tel­lec­tual prop­erty had shifted from its pro­tec­tion and en­force­ment, to its devel­op­ment. FICCI was com­mit­ted to pro­mot­ing, uti­liz­ing and en­forc­ing IP rights, sen­si­tiz­ing and build ca­pac­i­ties of IP stake­hold­ers and looked for­ward to work­ing with the gov­ern­ment on its pol­icy devel­op­ment and im­ple­men­ta­tion ini­tia­tives, Sab­har­wal con­cluded.

The sub­se­quent panel dis­cus­sions saw par­tic­i­pa­tion of se­nior pol­icy mak­ers and gov­ern­ment of­fi­cials, lead­ing in­no­va­tion and IP ex­perts from In­dia and abroad – among them, many lead­ing women achiev­ers – de­lib­er­at­ing on dif­fer­ent as­pects of in­tel­lec­tual prop­erty in­clud­ing its gen­er­a­tion, pro­tec­tion, en­force­ment and com­mer­cial­iza­tion. The in­ter­ac­tions were fo­cused on how the power of IP right could bring about in­clu­sive growth and women em­pow­er­ment, the ecosys­tem re­quired for in­creased in­no­va­tion and cre­ativ­ity among women, and the ways and means for pro­mot­ing women lead­er­ship through IP rights.

Ramesh Ab­hishek, Sec­re­tary, Depart­ment of In­dus­trial Pol­icy and Pro­mo­tion, with Rashesh Shah, Pres­i­dent, FICCI.

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