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Soon, inventors may get fixed monetary benefit from patent

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Aaditi Jathar

Posted: Jan 12, 2009 at 0048 hrs IST

Pune Intellectual property rights emerges as a promising career option

There are huge career opportunities in the field of intellectual property rights (IPR) – both in government and corporate sector and students must look at it as a promising career option, said W M Dhumane, joint controller of patents and designs, Mumbai patent office. He was speaking on ‘Emerging Trends in IPR Education’at the inauguration of Vishwakarma Institute of Technology’s (VIT) IPR Facilitation (students’ chapter).

“There is a huge demand for patenting agents and patent examiners, for which the basic qualification is MSc or BE. In the government sector itself, there are 150 odd patent examiners in 18 different branches and is likely to recruit 200 more this year,” Dhumane said.

Prabuddha Ganguli, a leading IPR consultant present at the function said that a draft bill is ready to be tabled in the next assembly session that will guarantee at least 30 per cent of the earning from a patent to the inventor. “Presently, there is no law that ensures a fixed monetary benefit to the inventor. The institute that is filing for the patent and the inventor has to negotiate between themselves. This will boost the process of converting inventions to commercially viable products,” he said. Speaking about the corporate sector, Ganguli said that the demand for IPR experts with non-legal background is more. “Those with technical background are the most sought after,” he said. Professor Ruth Soetendorp, Bournemouth University in UK also spoke on various courses offered by the university.

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