Intellectual Property Current Affairs

CSIR wins National Intellectual Property (IP) Award 2018

The Council of Scientific and Industrial Research (CSIR) was awarded National Intellectual Property (IP) Award 2018 in category “Top R&D Institution/Organization for Patents and Commercialization”. The National IP Award is awarded annually by Indian Intellectual Property Office (under Ministry of Commerce and Industry) in various categories on outstanding innovators, organizations and companies in fields of patents, designs, trademarks and geographical indications on the occasion of World IP Day (26 April).

Council of Scientific & Industrial Research (CSIR)

CSIR is an autonomous body and India’s premier research and development (R&D) organisation. It was established in 1942. It operates as an autonomous body registered under the Registration of Societies Act of 1860. It is mainly funded by the Union Ministry of Science and Technology. Prime Minister is the chairman of CSIR. It has been ranked 9th in the world amongst 1207 government institutions, with overall global ranking of 75 in world, covering 5250 institutions.

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Cabinet approves MoU between India and Canada on IPRs

The Union Cabinet has approved Memorandum of Understanding (MoU) between India and Canada to establish bilateral cooperation activities in field of Intellectual Property (IP). The MoU was signed in February 2018 and is intended to promote innovation, creativity and economic growth in both countries.

Key Features of MoU

The MoU establishes broad and flexible framework through which both countries can exchange best practices and work together on training programs and technical exchanges to raise awareness on IPRs and better protect intellectual property rights (IPRs).

It will facilitate exchange of best practices, experiences and knowledge on raising IP awareness among public, businesses and educational institutions of both countries. It will allow exchange of experts for interacting with human resources engaged in specialized IP fields.

It will facilitate cooperation in development of automation arid implementation of modernization projects, new and existing documentation and information systems in IP and procedures for management of IP. It will assist in protecting traditional knowledge.

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