Intellectual Property (IP) refers to creations of the mind:
inventions; literary and artistic works; and symbols, names and
images used in commerce. IP is protected in law, for example, by
patents, copyright, and trademarks. The IPRs enable people to earn
recognition or financial benefit from what they invent or create.
An IPR policy could be proven to be a cornerstone of innovation and
creativity for academia. It provides structure, predictability, and
framework to create and innovate.
National IPR Policy, 2016 is a giant leap by the Government of
India to spur creativity and stimulate innovation. It lays the
roadmap for the future of IPRs in India. According to the National
IPR Policy, a professionally run Cell for IPR Promotion and
Management (CIPAM) has been set up under the guidance of the DPIIT
(formerly known as DIPP). CIPAM facilitates promotion, creation and
commercialization of IP assets. CIPAM has recently prepared
MODEL GUIDELINES ON IMPLEMENTATION OF IPR
