Law ministry moots penalty in R&D bill to protect IPR- Policy

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Gibreel on 2008-09-06 - Tags public , public funded R&D , ip , infringement

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The law ministry has recommended introduction of penal provisions in the Public Funded R&D (Protection, Utilisation and Regulation of Intellectual Property) Bill of 2007 to prevent misuse of intellectual property by scientists. The Bill intends to allow public sector R&D organisations to commercialise their inventions and share their profits with the inventor.

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Sources indicate that the law ministry’s opinion was based on the premise that in exclusion of the penal provisions, the proposed Bill will not be sound. It is understood that incorporating penalty provisions in the proposed bill will act as a deterrent for scientists from infringing their rights to reap profits out of their inventions.