Economic Reforms Transform India's IP Landscape

Any economic reform in a country is bound to attract transformation in intellectual property (IP) in areas including brand creation, collaborations, technology transfers, and mergers and acquisitions. Such economic reforms are often a result of the innovation-led growth that helps to trigger capital-raising, thereby strengthening the overall brand quotient of the economy.

While on one side there may be counterfeiters and violators, there is another side of society that aims to create brands in the right manner, and chooses to seek innovation-led growth and ride on the goodwill and reputation thus created.

To foster innovation and creativity, stricter implementation and enforcement of IP laws is also essential.