STRENGTHENING THE INTELLECTUAL PROPERTY MANAGEMENT AND COMMERCIALIZATION PORTFOLIO OF INSTITUTE POTATO TECHNOLOGIES

Abstract

An ecosystem of vibrant intellectual property (IP) creation and commercialization will not only promote the
culture of creativity and innovation among researchers but also enhance the economic development of the country. The
value and economic reward for the owners of IP rights come only from their commercialization and there is need to promote
the public sector initiative for IP commercialization. In the recent decade, ICAR-CPRI has made concerted efforts for the
creation of IP assets, their maintenance and commercialization. IP protection status of the institute comprises the registration
and protection of 22 potato varieties through PPV&FRA, filing of 22 patents, 12 designs and two trademarks. In the last
decade, after the establishment of the institute technology management unit (ITMU), the institute has licensed around 16
technologies to more than 75 entrepreneurs & earned revenue of around 22 million INR. More and more entrepreneurship
should be encouraged, so that the financial value of IPRs protection may be captured. This study demonstrates the
intellectual property management and commercialization status of the institute in the last decade.