The ministry, by means of its Mental Property Facilitation Centres (IPFCs), will construct a partnership with the Denmark Patent Workplace to course of purposes for transferring know-how beneath the IPR framework, together with the acquisition of emblems and patents (licensing) by MSMEs.
“Many innovators are unwilling to share their know-how with the Indian gamers due to IPR safety points. This partnership will lend a construction to IPR switch to MSMEs, guaranteeing innovators get the royalty payment and MSMEs get the know-how,” mentioned an official conscious of the event.
The ministry and the Denmark Patent Workplace will conduct workshops for IPFCS, growing centres’ capability and understanding of the IPR utility and registration course of.
“IPR consultants from Denmark Patent Workplace will create a curriculum that can act as a information for IPFCs in facilitating patent, trademark and different IPR registrations for MSMEs,” mentioned the official.
The initiative is prone to enhance the innovation ecosystem as MSMEs, Business leaders, and academia come collectively to debate methods to guard and commercialise IPR.“The initiative will assist create an surroundings that can encourage IP safety and commercialisation,” mentioned the official.Below this initiative, the ministry will bear 70% of registration and different acquisition prices, with the ministry focusing on 2500 totally different innovation registrations in FY26.
The ministry plans to construct related partnerships with the UK and the US Patent Workplace.
