for a better commercial innovation. • Relevance of the better communication of rights of the author nullifying rhetoric methods. • Clear interpretation of better estimates benevolent to one’s ideas for inventions. National IPR Policy : Creative India; Innovative India • Objectives: The Policy lays down the following seven objectives: • IPR Awareness • Generation of IPRs • Legal and Legislative Framework • Administration and Management • Commercialization of IPRs • Enforcement and Adjudication • Human Capital Development Trends in respect of IP activities :
(69,736) (1,04,756) (83,652) (1,16,167) Geographical 21 22 20 26 34 Indication Semiconduct Transfer of Semiconductor Integrated Layout Design Nil or integrated to DIPP/CGPDTM in 2016-17 Layout Design Copyrights Transfer of Copyrights to DIPP/CGPDTM in 2016-17 3,596 CONCLUSION • Intellectual property (IP) protection is an important component of national economic policies. Governments face complex choices on how to design an IP system that best serves their policy objectives, and how to respond to changes in technology and in business models that challenge the status quo. • WIPO seeks to contribute to a better understanding of the economic effects of different IP policy choices and to offer a first entry point for information on the economics of IP.