Record Details

Legal Protection, Consolidation and Evaluation of IP in Academic Units

NOPR - NISCAIR Online Periodicals Repository

View Archive Info
 
 
Field Value
 
Title Legal Protection, Consolidation and Evaluation of IP in Academic Units
 
Creator Singh, Priyadarshini
Gargate, Gouri
 
Subject Intellectual Property
IP Evaluation
IP Valuation
IPM Audit Model
IPR Score
 
Description 69-82
Intellectual property (IP) is one such legal area that has evolved with time. IP is very precious in today's economy, and its
existence becomes crucial if the creator of such IP is unaware of the commercial potential. The IP creator might not have the
expertise to understand the economic intricacies which an IP possesses hold. To understand these economic intricacies and
to value IP, experts have suggested various IP valuation methods. However, for any IP valuation to follow, the first step is
IP evaluation. The statutes' legal protection does not have much to offer when determining IPs' economic potential. In this
paper, the authors have tried to pull all the relevant data concerning IP protection and IP management (IPM) of two of the
Institute of National Importance (INIs) academic units and tried to structure the same in an IPM Audit Model. Thus, the
system will help IP creators to self-evaluate their IP once they are legally protected. The authors have adopted an
exploratory, case study research methodology. The research's focus is limited to 8 types of IP generated by an academic
institution. The study demonstrates an exploration of the IPM audit framework to reduce the complexity involved in IP
evaluation, which substantiates the legal protection offered to IPs.
 
Date 2021-09-07T10:55:10Z
2021-09-07T10:55:10Z
2021-03
 
Type Article
 
Identifier 0975-1076 (Online); 0971-7544 (Print)
http://nopr.niscair.res.in/handle/123456789/58023
 
Language en
 
Publisher CSIR-NIScPR, India
 
Source JIPR Vol.26(2) [March 2021]