In 2000, the World Intellectual Property Organization’s (WIPO) designated 26^th April – the day on which the WIPO Convention came into force in 1970 – as World Intellectual Property Day, with the aim of increasing general awareness and understanding of IP.

• Thetheme of World Intellectual Property 2023, is “Women and IP: Accelerating Innovation and Creativity”.

Note: According to WIPO data released in March 2023, it is estimated that in 2022 only 16.2% of inventors named in international patent applications were women. While numbers are rising, progress is slow.

Intellectual Property

• Intellectual propertyis the most valuable asset in the modern age, rewarding as it does the technological innovation that drives human progress. It also helps the global art scene to flourish.
• Essentially Intellectual property refers to the creations of the mind.That includes inventions of all kinds, literary and scientific, artistic works, designs and many other things.
  • They can also refer to individuals whose reputation itself commands commercial advantage and profit.
• IP Rights:
  • The WIPO sets down the rules to confer certain exclusive rights to the inventors or creators of that property so that they can reap commercial benefits from their creative efforts or reputation.
  • It is aform of legal protection in the form of Intellectual Property Rights (IPR) given to individuals or companies for their creative and innovative works.
    • These rights are outlined in Article 27 of the Universal Declaration of Human Rights.
  • These legal protections allow the creators to control the use of their work and prevent others from usingor reproducing them without permission.
• Types:
  • The main types of IP include patentsfor inventions, trademarks for branding, copyrights for artistic and literary works, trade secrets for confidential business information, and industrial designs for product appearance.
• India and IPR:
  • India is a member of the World Trade Organisationand committed to the Agreement on Trade Related Aspects of Intellectual Property (TRIPS Agreement).
  • India is also a member of WIPO, a body responsible for the promotion of the protection of intellectual property rights throughout the world.
  • TheNational Intellectual Property Rights (IPR) Policy 2016 was adopted in May 2016 as a vision document to guide the future development of IPRs in the country.
    • Its clarion call is“Creative India; Innovative India”.

Patent Criteria in India

• A Patent is a statutory right for an invention granted for a limited period of time to the patentee by the Government,in exchange of full disclosure of his invention for excluding others, from making, using, selling, or importing the patented product or process for producing that product for those purposes without his consent.

• Term:
  • Theterm of every patent granted is 20 years from the date of filing of the application.
    • However, for applications filed under the nationalphase under Patent Cooperation Treaty (PCT), the term of the patent will be 20 years from the international filing date accorded under PCT.

Role and Importance of a Strong IPR Ecosystem

• Incentivizing Innovation:A strong IPR ecosystem provides legal protection and rewards for creators'' innovations. This incentivizes individuals and businesses to invest in research and development, fostering a culture of continuous innovation. As a result, the nation can advance technologically and economically.
• Collaboration and Knowledge Sharing:The collaboration of different creatives brings their knowledge and skills together. A robust IPR system encourages collaboration by ensuring that the intellectual property of each participant is protected.
  • This leads to knowledge sharing, technology transfer, and cooperation among industriesand institutions, contributing to overall progress.
• Government Support and Legal Platform:The government plays a crucial role by providing a legal platform and enacting laws that protect intellectual property rights.
  • This supportcreates an environment of certainty and security for creators and innovators, enabling them to focus on their work without the fear of unauthorized use or infringement.
• Responsible Use and Benefit Sharing:It ensures responsible use of intellectual property rights and fair benefit sharing between creators and society. A robust IPR ecosystem ensures that creators use their intellectual property rights responsibly, balancing their rights with the interests of society.
  • It also ensures that the benefits derived from innovations are shared equitably, fostering a sense of fairness and societal progress.
• Economic Growth and Competitiveness: A strong IPR ecosystem attracts investments and promotes economic growth. It encourages businesses to develop and protect their intellectual assets, enhancing their competitiveness in domestic and international markets. This leads to job creation, increased exports, and overall economic advancement.
• International Relations and Trade:Nations with a robust IPR system are more likely to have favourable trade relations. Compliance with international standards of intellectual property protection enhances a nation''s reputation, facilitating trade negotiations, and promoting the export of innovative products and services.
• Public Health and Safety:Strong IPR protection in areas like pharmaceuticals ensures that innovators and manufacturers are incentivized to develop new medicines and technologies. This contributes to public health and safety by promoting the creation and availability of life-saving treatments and products.

India’s Current Scenario

• Initiatives:
  • India has made significant changes to its IPR laws since 1999, and with recent implementations like the National IPR Policy, National (IP) Awareness Mission (NIPAM), Kalam Program for Intellectual Property Literacy and Awareness Campaign (KAPILA), and as a result of certain procedural simplifications,has further strengthened the IP regime.
• Rank in Global Innovation Index (GII):
  • India wasranked 40^th position out of 132 in the Global Innovation Index (GII) 2022 rankings released by WIPO.
    • India was ranked 46^thposition in 2021, and 81^st rank in 2015.
  • Other Related Visions:
    • India is rapidly progressing towards becoming Asia''s Innovation Huband aspires to become a global manufacturing hub.
      • The Prime Minister hasset a deadline for India to become a developed nation by 2047.

Women''s Participation  

• Education and Awareness:Promote STEM (Science, Technology, Engineering, and Mathematics) education for girls and women from an early age. Encourage their participation in relevant academic programs, workshops, and training sessions to enhance their knowledge and skills in innovation and IP.
• Mentorship and Role Models:Establish mentorship programs that connect women innovators with experienced professionals in their field. Encourage successful women innovators to serve as role models and inspire aspiring innovators to pursue their ideas and protect their IP.
• Networking and Collaboration:Facilitate networking opportunities and platforms where women innovators can connect, collaborate, and share their experiences. Establish communities, forums, and support networks specifically focused on women in innovation and IP.
• Funding and Resources:Provide access to funding opportunities, grants, and resources that specifically target women innovators. Create initiatives and investment funds dedicated to supporting women-led startups and innovations.
• IP Training and Support:Offer specialized training programs and workshops on IP rights, including patents, trademarks, and copyrights, specifically tailored for women innovators.
  • Provide guidance and support in navigating the IP system, including assistance with filing applications and understanding licensing options.
• Cultural Shift and Stereotype Breakdown: Challenge societal stereotypes and biases that hinder women''s participation in innovation and IP. Promote inclusivity, diversity, and equal opportunities in all aspects of the innovation ecosystem.

Traditional approaches may no longer be effective or efficient in tackling the challenges which are in the way, especially considering the large population size of a country like India. Out-of-the-box thinking and technology interventions are seen as crucial in finding rapid and scalable solutions.