The Cutting Edge Of IPR
Swarajya Mag|December 2017

India has tremendous heritage in the creative arts. Extending the protection of rights of individuals to a whole gamut of creativity will give the industry a great comparative advantage.

Rajeev Srinivasan
The Cutting Edge Of IPR

THERE IS MONEY in Intellectual Property Rights (IPR). In case you don’t believe me, I refer you to a “Paradise Papers”-related report in the New York Times on 6 November (“After a Tax Crackdown, Apple Found a New Shelter for Its Profits”), which suggests that Apple sheltered $200 billion worth of intellectual property in Ireland, using a peculiar provision in Irish law; $200 billion — a serious chunk of change.

India woke up relatively late to this fact and to the related fact that there is a global regimen of IP rights that you have to play in properly to get value out of it. The country has been busy fighting fires over IP (especially as related to the pharma industry and to accession to the World Trade Organization) and US Super 301 trade sanctions, and it was only in 2016 that a comprehensive IPR Policy was finally adopted. (Disclaimer: I was a member of the six-person panel that wrote it, but what I say here is my personal opinion, which may not coincide with the opinions of the Government of India or the rest of the panel).

There is a curious dichotomy in Intellectual Property. On the one hand, IP rights are private rights guaranteed by a government to the inventor or creator of something new, which, in effect, gives them monopoly power over the use of their idea. On the other hand, these rights are given for a limited period of time, so that the ideas can and eventually will be available to the entire public, in an equitable manner.

Diese Geschichte stammt aus der December 2017-Ausgabe von Swarajya Mag.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der December 2017-Ausgabe von Swarajya Mag.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS SWARAJYA MAGAlle anzeigen
The Hesitant Orbit
Swarajya Mag

The Hesitant Orbit

In order to march boldly ahead into the deep space, New Delhi must work towards building a station, boost its techno-economic planning and use the Indian Space Research Organisation smartly.

time-read
4 Minuten  |
December 2017
Nudges And Narratives
Swarajya Mag

Nudges And Narratives

The debate surrounding Sanjay Leela Bhansali’s Padmavati brings India a complex network of portraits within a cultural world-system.

time-read
8 Minuten  |
December 2017
The Spell Of Specialisation
Swarajya Mag

The Spell Of Specialisation

THE INDIAN ADMINISTRATIVE SERVICE NEEDS AN URGENT REJIG. THE KEY TO SPEED AND EFFICIENCY LIES IN PUTTING AN END TO A GENERALIST APPROACH AND IN GOING FOR A NEW SERVICE.

time-read
7 Minuten  |
December 2017
Swarajya Mag

The Great Gamble

With demonetisation, the prime minister has taken a huge risk— both economic and political. He must succeed, because this move could transform both our economy and our society.

time-read
10+ Minuten  |
December 2016
The Lies And The Truth
Swarajya Mag

The Lies And The Truth

The government must be bold enough to up-end the activists who are coming in the way of the nation’s agricultural progress.

time-read
7 Minuten  |
August 2017
Figuring Out China
Swarajya Mag

Figuring Out China

China’s economic footprint is being followed by its military footprint. To know that is not be belligerent but to prepare oneself adequately.

time-read
5 Minuten  |
August 2017
Management 108
Swarajya Mag

Management 108

The Upanishads Have A Lot To Teach Today’s Executives When Outcomes Are Unpredictable, Relationships Complex, And Change Is The Name Of The Game. 

time-read
8 Minuten  |
August 2017
Sunny Days Ahead
Swarajya Mag

Sunny Days Ahead

THE NEW GUIDELINES FOR TAXI SERVICES ARE SENSIBLE, RATIONAL, AND MORE THAN WELCOME.

time-read
6 Minuten  |
August 2017
The Cultural World-System
Swarajya Mag

The Cultural World-System

Despite much talk of “soft power”, the fact is that whichever way you slice it, Indian culture fares poorly at seeking or exercising it

time-read
6 Minuten  |
October 2017
The Hard Way Forward
Swarajya Mag

The Hard Way Forward

India has been focused on software, but there are large opportunities to be seized in hardware. A primer, and some busting of myths.

time-read
10 Minuten  |
October 2017