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SMEs ‘not benefitting’ from post-TRIPS dispensation: TERI

Tags: TERI, TRIPS, intellectual Property Rights, India, SMEs, UK, study, innovation, patent

March 14, 2013 | COMMENTS ( 0 )

SMEs ‘not benefitting’ from post-TRIPS dispensation: TERI

As per study conducted by The Energy and Resources Institute (TERI) with support from the UK's Foreign and Commonwealth Office, Indian innovation in patents related to wind power, solar energy and agro-biotech seeds have seen poor trends, as compared to high patenting activity seen in western economies.

The study also found that the SME segment is "not benefitting much" from the post-TRIPS (Trade-Related Aspects of Intellectual Property Rights) dispensation and there continues to exist issues such as poor access to the IP regime, and lack of awareness.

Nitya Nanda, a Fellow at TERI, speaking at a seminar orgainsed by TERI in association with FICCI and British High Commission, said, “There is poor registration of innovations (in India). This gives good opportunities to copy makers, where in they can copy and register. Hence, the original innovators don't get due recognition.”

One of the key focuses of the study was examination of the extent to which the stakeholders have been successful in harnessing the potential of intellectual property rights (IPR) and the benefits accrued as a result of such protection.

In the last few years, it said, India's IPR regime has undergone thorough revision in accordance with the TRIPS agreement.

The study has also revealed that design-related issues in the leather footwear and the gems and jewellery industry are seized with low number of design application, high infringement and poor enforceability of design violations, among other things.

It also indicated that many registered Geographical Indicators (GIs) face continued threats to their quality like presence of cheap fakes and absence of inspection and monitoring structures.

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