India News | National Workshop on 'Driving Innovation with IP' Held at IISc Bengaluru to Mark World Intellectual Property Day 2025

Get latest articles and stories on India at LatestLY. To mark World IP Day 2025, NRDC and IISc held a national workshop on "Driving Innovation with IP: Strategic Approaches to Commercialisation," discussing IP management strategies and commercialisation efforts. The event gathered over 750 participants from diverse sectors.

Commodore Amit Rastogi (Retd.)

New Delhi [India], May 3 (ANI): To commemorate World Intellectual Property (IP) Day 2025, the National Research Development Corporation (NRDC), under the Department of Scientific and Industrial Research, Ministry of Science and Technology, Government of India, in collaboration with the Indian Institute of Science (IISc), Bengaluru, organized a national workshop titled "Driving Innovation with IP: Strategic Approaches to Commercialization" at the historic Faculty Hall, IISc.

According to a release from the Ministry of Science & Technology, jointly supported by key institutions including IIIT Bangalore, CMTI, C-DOT, Central Silk Board, BeST Cluster, IPTel, and IISc, the event brought together over 250 in-person and 500 virtual participants from academia, research, startups, industry, PSUs, and government to deliberate on IP management and commercialisation strategies.

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As per the release, Commodore Amit Rastogi (Retd.), CMD, NRDC, delivered the keynote, emphasising NRDC's role in scaling academic innovations via initiatives like NETRA, Design Clinic, and blended financing to Technology Readiness Levels (TRLs) 7-9. He announced upcoming projects, including a Technology Exchange Portal, IP Fairs, and a National Tech Translation Organisation (NTTO), reinforcing the vision of Viksit Bharat @2047.

Prof. Govindan Rangarajan, Director, IISc, underlined the need for structured IP protection in academia and acknowledged efforts to address cultural barriers to patenting.

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Key dignitaries included Ms. Manjushree N, IAS, Commissioner, DCTE GoK, Prof. Suryasarathi Bose (IISc), Dr U T Vijay (KSCST), Prof. Debabrata Das (IIIT-B), Dr S Manthira Moorthy (CSB), and Prakash Vinod (CMTI)--all advocating for deeper academia-industry collaboration and robust IP ecosystems.

A Memorandum of Association (MoA) was signed between NRDC and IIIT Bangalore to facilitate tech commercialisation.

Along with it a Tripartite Licensing Agreement signed between NRDC, CSIR-CFTRI, and M/s Varre Corporate Solutions for CSIR-CFTRI's Spirulina Cereal and Choco Bar technology.

Dr Dilip Krishnaswamy (C-DOT) and Dr Vishal Rao (Innaumation Medical Devices) shared insights on embedding IP into business strategy.

Dr B.K. Sahu (NRDC) presented strategies for overcoming commercialisation barriers.

Two major panel discussions featured leaders from Biocon Academy, BeST, CSIR-CFTRI, IIIT Innovation Centre, and IPTeL, focusing on bridging gaps between research and market, effective licensing strategies, and the critical role of policy and institutional mindset shifts.

The workshop concluded with a unified call to action for scaling India's innovation ecosystem through strategic IP commercialization, fostering national development and global competitiveness. (ANI)

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)

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