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Need for a Legal Framework to Enable Public-Funded Organizations in India to Build a New Paradigm for Innovation and Utilization of Intellectual Property (IP)

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Title Need for a Legal Framework to Enable Public-Funded Organizations in India to Build a New Paradigm for Innovation and Utilization of Intellectual Property (IP)
 
Creator Davé, Raj S
Goswami, Heena
Meena, Mansi
Davey, Neil
T, Ramakrishna
Murthy, S K
 
Subject Public Funded Intellectual Property Bill
Bayh-Dole Act
University Patents
IP in Public Sectors
 
Description 413-422
The Protection and Utilization of Public Funded Intellectual Property Bill, 2008 [hereinafter referred to as “the Bill”] was to
provide a standard framework through which the universities and academic and research institutions are supported to build
larger pools of knowledge which can seamlessly and efficiently be transferred to the industries. The Committee set up to
make a recommendation highlighted specific contentious points and the absence of the recommendations put forth by the
Committee in the Bill led to its withdrawal from the Rajya Sabha on December 8, 2014. The empirical study indicated that
64% of the participants in the study, emphatically, favor adopting an Act like the Bayh-Dole Act (of 1970 enacted by the
United States of America) with modifications made to suit Indian requirements. Government of India (GOI), then, should
consider modifying its draft Bill-2008 to bring it in line with the aspirations of India in 2022 and take guidance from Bayh-
Dole Act and table the modified PUFUP Bill-2020 in the Indian parliament. Enactment of such a law will positively
contribute to furthering science and technology, promoting leading research, make Indian organizations more efficient, and
have a meaningful impact on the economy and quality of life of people in India. This research paper presents a section by
section proposed amendments to the Bill of 2008.
 
Date 2024-09-06T06:12:48Z
2024-09-06T06:12:48Z
2024-09
 
Type Article
 
Identifier 0975-1076 (Online); 0971-7544 (Print)
http://nopr.niscpr.res.in/handle/123456789/64472
https://doi.org/10.56042/jipr.v29i5.3366
 
Language en
 
Publisher NIScPR-CSIR,India
 
Source JIPR Vol.29(5) [September 2024]