The National IPR Policy is a vision document that aims to create and exploit synergies between all forms of intellectual property (IP), concerned statutes and agencies. It sets in place an institutional mechanism for implementation, monitoring and review.
Stimulate a dynamic, vibrant and balanced intellectual property rights system in India to:
- foster creativity and innovation and thereby, promote entrepreneurship and enhance socio-economic and cultural development, and
- focus on enhancing access to healthcare, food security and environmental protection, among other sectors of vital social, economic and technological importance.
The policy lays down the following seven objectives:
- IPR Awareness: Outreach and Promotion- Generation of IPRs: To create public awareness about the economic, social and cultural benefits of IPRs among all sections of society;
- Generation of IPRs- To stimulate the generation of IPRs;
- Legal and Legislative Framework: To have strong and effective IPR laws, which balance the interests of rights owners with larger public interest;
- Administration and Management: To modernize and strengthen service-oriented IPR administration;
- Commercialization of IPR: Get value for IPRs through commercialization;
- Enforcement and Adjudication: To strengthen the enforcement and adjudicatory mechanisms for combating IPR infringements;
- Human Capital Development: To strengthen and expand human resources, institutions and capacities for teaching, training, research and skill building in IPRs.
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