On April 25, 2025, Jaipuria Institute of Management, Ghaziabad concluded IP UTSAV 2025 with an impactful session titled "Unlocking IP for Economic Growth and Innovation", organized by the Ministry of Education’s Innovation Cell (MIC) and Institution’s Innovation Council (IIC). Held in the JIM classrooms, this final session focused on the strategic and economic value of Intellectual Property (IP) and how it can be effectively commercialized to drive business success and national innovation.
Objective
The session aimed to:
- Offer a comprehensive understanding of IP's economic and strategic value across sectors.
- Explore key avenues for IP commercialization such as licensing, tech transfer, and startup incubation.
- Highlight government schemes and institutional support systems that foster IP-driven growth.
- Equip participants with actionable knowledge to leverage IP for innovation and business development.
Session Highlights
Keynote Speaker: Dr. Sripathi Rao Kulkarni
- Senior Principal Scientist, CSIR-Innovation Complex, Mumbai
- Ph.D. in Biotechnology, PG Diploma in Patent Law
- Former affiliations: CSIR-CDRI, SciTech Patent Art, Shantha Biotechnics
- Recognized as one of India’s Top 100 IP Leaders by the World IP Forum
Dr. Kulkarni shared expert insights on:
- The economic and innovation benefits of IP protection
- Commercialization routes like licensing, tech transfer, and incubation
- Creating strong IP strategies for startups and MSMEs
- Leveraging government schemes and institutional frameworks for scaling innovation
His real-world case studies and policy overviews offered a clear roadmap for students, entrepreneurs, and researchers seeking to integrate IP into their innovation journeys.
Learning Outcomes
- Understood the strategic and economic impact of IP across industries
- Identified effective commercialization models including licensing and tech transfer
- Gained clarity on government schemes supporting IP ventures and MSMEs
- Learned how IP can enhance competitiveness, innovation, and investor appeal
- Developed skills to apply IP strategies in startup and business development contexts
The Day 5 session of IP UTSAV 2025 at Jaipuria Institute of Management, Ghaziabad was a powerful wrap-up to a week dedicated to Intellectual Property awareness and education. With Dr. Sripathi Rao Kulkarni’s expertise, the session empowered attendees with the knowledge and inspiration to turn IP into a strategic asset for growth, innovation, and competitive advantage.