Why do you need an IP Center?
The run-of-the-mill IP Center (or the ‘Typical’ IPM Cell) in most universities/colleges in India today, does no more than a ‘post office job’. That is to say, the typical IPM Cell ‘blindly’ accepts any disclosure touted to be innovative/inventive by its authors and simply passes it on to an IP Services firm for (patent) filing.
This rigmarole has lead to several premier institutions (including leading ones such as CSIR and some IITs) finding themselves with a staggering portfolio of IP/patents, with little commercial value, after having spent crores on filing, prosecuting and maintenance. IP is secured by expending money with the hope that it would bring in returns on the investment made, like any asset does; but when the money spent does not translate into returns, such IP (Patent portfolio) becomes a liability – which is the case with most universities/colleges, the world over. Yes, less than 5% of the total patents filed by academia, actually get commercialized.
The IP Center that Techgrapher envisages, is one that does not let you fall in that rut. Techgrapher’s vision is to create IP (including patents) that are real assets rather than liabilities.
Contact us or write to us to find answers to the following;
- Do you need an IP Centre?
- What is an IP Centre?
- Structure of IP Centre (Staff and Budget)
- How does an ideal IP Centre perform the following functions?
- Liaison office
- Record keeping
- Conduit for protecting ideas
- Organising awareness programmes
- Managing IP
- Revenue generation