NEW DELHI, September 1, 2016 /PRNewswire/ --
A conference on 'Innovation for Shared Prosperity' was organized by Jindal Initiative on Research in IP & Competition (JIRICO) of O.P. Jindal Global University (JGU), India. The two-day global forum focused on patents, standard setting and competition in the ICT sector. The forum witnessed participation of over 50 speakers from 10 government agencies, 16 universities and 15 leading corporations and law firms from around the world. The Vice-Chancellor of Jindal Global University, Prof. (Dr.) C. Raj Kumar termed the event as, 'A golden opportunity for all stakeholders, including courts, competition agencies, innovators, and scholars, who are interested in key issues that can transform India into an 'Innovative India'.'
Among several distinguished speakers were Dr. M. V. Rajeev Gowda and Dr. Shashi Tharoor, Members of the Indian Parliament; Mr. Rajiv Aggarwal, Joint Secretary, department of the Indian government responsible for implementing India's recently adopted national IPR policy; and Mr. Anil Bhardwaj, a senior advisor to Indian Competition Commission. They echoed the view that IPRs need to be clearly established and protected to add value to innovation, especially for new-age entrepreneurs, and how India should promote IPRs, boost innovation climate, and resolve issues of access to technologies. Dr. Tharoor called for the 'best minds to come together to think of a flexible and innovative approach to resolve the dilemmas around ICT.'
The conference attracted representatives of the United States International Trade Commission (USITC), U.S. Department of Justice (DOJ), U.S. Federal Trade Commission, distinguished academicians from the Max Planck Institute in Munich, Indian Institute of Management, Stanford University, George Mason University, University of Utah, University of Illinois, Santa Clara University, among others. Hon'ble Commissioner F. Scott Kieff of USITC emphasized on differentiating political environment with the judicial processes in litigation around patent licensing. He said, "Judicial decision-making is the key to regulate property rights, predictability, economic growth and competition, and a predictable and flexible system is required to facilitate innovation and competition." Dr. Anupama Sawkar, attorney advisor, DOJ supported his views. The global meet was attended by representatives from technology companies in the ICT industry including Microsoft Corp, Boeing Corp, Qualcomm Inc, Alibaba Group, Symantec Corp, Ericsson AG, among others.
JIRICO Co-convener, Prof. (Dr.) Ashish Bharadwaj noted that with less than half of the population in India having Internet-enabled phones, there is huge growth potential, but the abysmally low propensity to innovate by Indian companies can seriously undermine the success of Modi government's campaigns. Prof. (Dr.) Stephen Haber, Professor and Director of Hoover IP2 at Stanford University, argued that if India wants to leapfrog in a world dominated by manufacturing and technology, it has to follow a definitive and well-designed path for intellectual property rights' application. Prof. (Dr.) Vishwas Devaiah and Prof. (Dr.) Indranath Gupta of JIRICO underlined the importance of understanding the complexities of patent and competition cases involving the mobile phone industry in India and around the world.
Additional Director, O.P. Jindal Global University
SOURCE O.P. Jindal Global University