Intellectual Property Right

INTELLECTUAL PROPERTY

Intellectual property (IP) encompasses the expression of ideas, information and knowledge. IP includes not only discoveries and inventions but also music, literature and other artistic works, as well as words, phrases, symbols and designs.

Intellectual Property Rights (IPR) are the legal rights protecting the owners of IP. The first owner of IP is normally either the person who invents, authors or designs the IP, or his/her employer (depending on the contractual arrangements governing his/her work). Commercial exploitation of the IP can occur directly by the owner of the IP, or by licensing the IP to be used by other companies. 

OBJECTIVES
Training, Awareness and Motivation
    • To create awareness about IPR within the faculty members and students of the Institute.
    • To impart training on future endeavors regarding patent filing processes.
    • To conduct professional workshops, seminars and training courses on IPR.
    • To motivate innovators come with new ideas and help them to protect the innovation.
    • To create an opportunity for Product development and Commercialization.
Protecting IPR
    • Searching and Analysis
    • Patent drafting support
    • Patent filing and prosecution
    • Assist in external IPR protection on a case-to-case basis under proper confidentiality agreements.
SALIENT FEATURES OF THE POLICY
  • SMSMPITR shall be the owner, with the creators specially stated as inventors for all the intellectual property inventions, software designs and specimens created by the creators who include regular faculty members, research scholars, students and those who make use of the resources of the Institute.
  • Right to be in joint name: -The patent shall be taken in the joint names of the Institute and the inventor
  • The inventor may retain ownership if the IP is developed without use of Institute resources and time.
  • The expenses in connection with the registration of any I.P.R. shall be borne by the Institute.
  • Any profit accruing from the patent shall be shared between the Institute and the inventor as per policy.
  • The person responsible for the invention or discovery shall render free service to the Institute in connection with the exploitation of the patent. The terms on which patents may be offered for exploitation shall be determined solely by the Institute.
  • The Institute faculty and students may publish their research outputs provided that are not copyrightable/patentable intellectual property.
  • The process to be followed for filing a patent has been explicitly defined in the policy, and is to be followed for an efficient process.