IN ITS new intellectual
property policy, the
Council for Scientific
and Industrial Research (CSIR), based in
New Delhi has proposed an unusual
at portfolio management scheme.
pmous scientific inventions will be
vad as tradeable commodities under
Kherne. A bank of these inventions
be maintained and their patents
lbt and sold to companies and institutions abroad.
Explaining the modus operandi of new scheme, CSIR sources say that ants will be sold for a fixed period I exchanged for other patents. natively, CSIR will buy patents at an Vitage of development and sell them tat the patents yield products and process.
cian's objective is to have a portfolio least 3,000 Indian and 500 foreign on by the year 2001 so that it can V up strategic alliances with major W technological leaders in select a and generate at least five per cent is raimch and development budget in licensing and alliances.
We are a voice to you; you have been a support to us. Together we build journalism that is independent, credible and fearless. You can further help us by making a donation. This will mean a lot for our ability to bring you news, perspectives and analysis from the ground so that we can make change together.
Comments are moderated and will be published only after the site moderator’s approval. Please use a genuine email ID and provide your name. Selected comments may also be used in the ‘Letters’ section of the Down To Earth print edition.