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Establish intellectual property centres in varsities: Governor
Establish intellectual property centres in varsities: Governor

Time of India

time2 days ago

  • Business
  • Time of India

Establish intellectual property centres in varsities: Governor

Bengaluru: Governor Thaawarchand Gehlot Saturday called for urgent action to bridge the intellectual property (IP) gap in the country's booming startup ecosystem and underlined the importance of establishing IP centres in universities. Highlighting the country's rise in the ecosystem globally (third largest now) with over 1 lakh startups and 110 unicorns, the governor warned that only a fraction is currently protected by IP rights, suggesting the need for increased awareness and institutional support. H e was speaking at the launch of Karnataka chapter of Innovasthan, a campaign focused on fostering innovation, IP and enterprise-led growth. You Can Also Check: Bengaluru AQI | Weather in Bengaluru | Bank Holidays in Bengaluru | Public Holidays in Bengaluru Quoting Patent Annual Report 2022-23, Gehlot praised Karnataka's contribution of over 6,500 patent filings, but urged universities, MSMEs and startups to further accelerate IP-related efforts. "Innovation is being encouraged at every level, from schools to industries. Our universities must take the lead by establishing IP centres in accordance with the national IPR policy and by adopting robust frameworks to manage and commercialize intellectual property," he said. AICTE chairman TG Sitharam praised Karnataka's strong contribution to engineering and innovation, especially through premier institutions in Bengaluru. Drawing parallels with China, he stressed that India could compete globally by leveraging its vast talent pool. He also called for regional language integration in technical education, urging that textbooks be developed in Kannada, with local institutions and experts taking the lead in making education more accessible and inclusive. Chancellor of Jain (deemed-to-be) University Chenraj Roychand was present on the occasion. — Prathikaa Shastry

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