Our Mission Strategic R&D
IPR applications IPR as business tools
IPR operations IPR laws
IPR for R&D of company
IPR for R&D Institutions IPR
IPR for generic drug manufacturers
IPR for Individuals
It is advisable for every company to have
considered IPR policy and all its systems made compliant to it. Best thing
is to do the same right from beginning of the enterprise so that one is not
saddled permanently to consequences of mistaken actions. However, if not done so
far, any earliest time is the best time to make a beginning.
In fact, whatever is the size of the organization, right
from a proprietary concern like a small workshop to a multinational company:
- A well considered IPR policy is
something which may make very significant value addition.
- Selling value of IP can be several hundreds
of thousands times higher than its cost of creation, depending upon its
commercial worth. This can be fully realized if properly protected and
prudently marketed. There is hardly any better policy of making business than
- Returns from IPRs can be purely in addition
to operating profits, depending on the circumstances of the case.
- IPRs help in capitalizing the development
- If provisions of Income Tax Act are
available for relevant fiscal years, IPRs may in
significant tax saving
in addition to benefits of better competitiveness that they bring with
- For R&D oriented companies, fixed assets
may be little, and most of the assets may be in IPR and their valuation
reflects true worth of the company. This shall be useful in selling IP,
acquisitions as well as mergers.
- Information on
for R&D Institutions is useful for companies also.
A company which is knowledge based has
very obvious reason to care for IPR. However
benefits of IPR are not limited to a company
which is knowledge based or R&D based. Even a purely job work company may also
be doing the job in an innovative way which is making it more competitive than
its competitors. Anything that you would like to keep secret from competitor to
keep you more competitive is your intellectual property worth taking pains
- It may always be a good idea to make
it sure if and in what way a well considered IPR can help in increasing value
and returns of your hard work.
- A good planning may yield immediate
returns as well as lay a foundation for a good quantum of future flow of
returns from same efforts.
- IPR may lay foundation to generate
dividends for the time when you plan to retire.