Importance of Intellectual Property Rights in Innovation Management | IPR Management Cell at Integral University Lucknow


04 Aug, 2018 |Facebook |Twitter |Email |

Integral canvases the Importance of Intellectual Property Rights in Innovation Management.

Career Counseling Guidance and Development (CCG&D) and Intellectual Property Right Management Cell (IPRMC) Integral University, Lucknow in collaboration with PHD Chamber of Commerce and Industry Delhi, organized a seminar on “Importance of Intellectual Property Rights in Innovation Management”on Thursday, 2nd August 2018 at 10:00 am at the Central Auditorium of the University.
The issue of intellectual property rights (IPRs) is gaining increasing importance, especially for innovative firms seeking international growth. In the increasingly knowledge-driven economy, Integral University acknowledges that IP is a key consideration in the day-to-day business decisions because new ideas and products appear almost daily in the market, which results in continuous innovation and research.

The University thus comprehends an increasing need for IPR research. Broadly speaking, the term ‘Intellectual Property’ refers to unique, value-adding creations of the human intellect which results from human ingenuity, creativity and inventiveness. An IP right is thus a legal right, which is based on the relevant law encompassing that particular type of intellectual property right.

In practically all countries the world over, a national legal system of intellectual property rights have evolved. Innovation, on the other hand is a process, which begins from the conceptualizing an idea to the launching of a new product/process. “Intellectual property rights can be used effectively to facilitate successful innovation and Innovative technologies stand a better chance of successfully reaching the marketplace if IP is used strategically” elucidated Dr. Syed Nadeem Akhtar, Director, Planning & Research, Integral, in his address talked about the importance of intellectual property rights in innovation management.

“The prime objective of the seminar was to significantly raise the level of awareness and interest about IPR amongst both Integral students as well as faculty members and also to bridge the Academia- Industry gap” remarked Dr Nilanjan Mukherji , Director, CCG&D Integral University, who welcomed all the delegates and participants.

Several prominent speakers from the related field like Mr. U. C Shukla, Director, Ministry of Small & Micro Enterprise Development Institute (MSME DI) , Kanpur, Dr. Mandira Roy and IP Mr. Sandeep Agrawal, Directors from an Intellectual Property Firm, Adastra , IP Mr. Mithilesh Kumar, Joint Secretary, Committee on Ministry of Small and Micro Enterprise, PHD Chamber shared their valuable expertise on the subject.
Dr. Haris Siddiqui, Convener, IPRMC Integral University, briefed about the role and functions of IPRMC at Integral and reinforced the continuous assistance and necessary facilities to the IU fraternity to derive IPR benefits for their IPR worthy Intellectual works.

The seminar was attended by more than 100 students and 30 faculty members across all streams.