Bangalore, Karnataka, India, Saturday, June 20, 2009 – (Business Wire India)

Panelists at the session on IP Management, Licensing and Valuationon the final day of Bangalore Bio 2009 opined that India has just entered a phase of not only filing more and more IPRs, but also realising the true values of IPs. According to them: India has unparalleled opportunity in commercialising IPRs. Most of the hurdles in India in realizing the true potential of IPs are self imposed and avoidable. There should a change in seeing the science from technology perspective to commerce perspective. Experience of the people who are filing IPRs is not up to the mark. Industry should build capacity to generate more IPs from business point of view than scientists’ perspective. The walls between IP management offices and scientists should go.

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