IPR Policies in India – Lookout
for US, Germany
Since
the forming of the government, PM Narendra Modi’s policies and approach towards
International concerns have been in news and the regime for enforcement and
protection of Intellectual Property Rights in India has been one of the most
sought after concern among the developed nations. This time again Mr. Modi’s
visit to the US to meet business leaders in New York and Silicon Valley is
expected to be marked by India’s stance on Intellectual Property rights.
Indian
Daily, Economic Times reports some of the concerns that are expected to be
raised by US Officials during the meet, like a predictable IPR regime for its innovators,
gaps in the Indian Copyright Act to combat online piracy and illegal recording
of motion pictures and issue of compulsory licenses only in extreme situations.
Similar concerns have been raised by the US earlier as well and some were also detailed
in USTR’s 2015 Special 301 Report.
Predictable IPR Regime in
India- The US has urged India for a transparent
and predictable IPR regime which enables innovations at all stages of
innovation lifecycle by nurturing and incentivizing innovation.
Copyright and Piracy- With
respect to the Indian Copyright Act, the US has sought changes in for ensuring
better protection to US right holders in the Indian market. Like enactment of
anti-camcording legislation, model statutory license provisions relating to copyrighted
works on the standards of the Berne Convention for the Protection of Literary
and Artistic Works (Berne Convention), ensuring that collecting societies are
licensed promptly and able to operate effectively and provide additional
protections against signal theft, circumvention of technological protection
measures and online copyright piracy.
Issue of Compulsory
License- The US has sought clarification on India’s
application of its compulsory licensing of pharmaceuticals as the same
substantially affects the US stakeholders. It has urged India to issue
compulsory license only in extreme situations.
Meanwhile,
apart from the US even Germany has emphasized on the protection of IPR as a key
to long term engagement with India. Indian Daily, Business Standards in this
regard reports that German Ambassador Martin Ney has stated that India’s
potential was enormous but the legal protection of IPR was an important element
for investors to engage for a long term in India.
With a huge youth
population and tremendous opportunities of economic growth, India has emerged
as one of the most sought after nations for investments and innovations
worldwide. However, developed nations for conducive business environment and
growth of their IP-intensive organizations expect a strengthened IPR regime
which would ensure effective and predictable enforcement and protection of
their IPR in India. The Indian Government in the past few months has initiated
several efforts towards strengthening of IPR regime in India and setting up of
Think tank to Draft National IPR Policy which seeks to address the issues which
are expected to promote an innovative environment in India.
No comments:
Post a Comment