NRDC Vizag holds roundtable emphasising role of IPRs

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In order to create awareness and coordination among relevant stakeholders of IPR, innovation and patenting, NRDC in association with APIS, USPTO and Vizag Industrial Scan recently organized an innovation round table exploring opportunities that can be worked upon among these stakeholders.

The Roundtable Conclave deliberated on some of the key aspects of industry-academia collaborations to promote a vibrant yet conducive ecosystem for innovation.

‘Such collaborations deliver far reaching and enduring socio-economic impact. There is a need to understand the importance of IP and innovation management in global equilibrium by academics, industries, scientists, engineers, technologists, researchers, and governments’ said NRDC’s Dr BK Sahu.

Emphasising on the crucial role of IPR in today’s day and age he said ‘It is high time to understand R&D, skill and protection, management and commercialization of IPRs. It is to bring all stakeholders on one platform to share their experiences and exchange views on developing a strong and vibrant innovation eco-system’.

Speaking at the round table special invitee Mr John Cabeca, United States Intellectual Property counsellor for South Asia reiterated the importance of IPRs. ‘We need to increase awareness of IPRs here’ said Mr Cabeca. He stated that there is an imminent need to foster innovation in schools here and also highlighted the importance of having a trade secret protection. ‘We need to have a system here for this’ said Mr Cabeca.

Mr Anil Kumar Tentu, CEO, APITA highlighted the various training programs and collaborations APITA is undertaking in training a plethora of students in core IT technologies and making them job ready.

Similarly Ms Keerthana G Joint Director, Entrepreneurship development at APIS highlighted the significance for IPRs for startups. ‘IPR plays a very important role in startups and startups need to be aware of this’ said Ms Keerthana.

Ms Hima Bindu, MD, Novel Patent Services called for senior leadership in companies to be more aware of IPRs and advocated for them to look at this as an opportunity. ‘Top management in companies need to be educated on IPRs’ said Ms Bindu.

Many other esteemed speakers and leaders from both industry and academia participated in the roundtable and provided valuable feedback on nurturing a better IPR ecosystem in this region.

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