Leveraging Public Funded Research for India’s Economic Emergence: The Role of IPR
Ray, Amit Shovon
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India's emergence in the world economy may be largely attributed to its sustained efforts towards technological learning, capacity building and innovation. At this juncture, India's transition to a knowledge economy could be facilitated by harnessing the rich research potential of its public funded institutions. It is in this context that we take a fresh look at India's public funded research for technological advancement focussing on IPR and related concerns. We conclude that a hurriedly implemented IPR law, as envisaged in the ̒Indian Bayh-Dole Bill 2008̓, can hardly be expected to act as an instant magic formula to energise Indian academic research for commercial application.