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Home National Gujarat Ahmedabad

16th Annual IP Summit: Experts emphasise the need for a strong IPR regime

by Nav Jeevan
2 years ago
in Ahmedabad, Breaking News, Business, Chambers of Commerce, Companies, Gujarat, Legal, More
Reading Time: 3 mins read
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16th Annual IP Summit: Experts emphasise the need for a strong IPR regime

AMA president Deevyesh Radio with Dr Narottam Sahoo, advisor to Gujarat Council on Science and Technology.-NE photo

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  • Organised by YJ Trivedi-AMA Academy for IP Rights, it saw insightful discussions on influence of IP on new business models, role of IPR in strategic alliances, monetising IP, and more.
  • Dr Narottam Sahoo, advisor to Gujarat Council on Science and Technology, touched upon the development of IP culture over the years and the Council’s role in getting 16 GI Tags for Gujarat
  • Changes in the global economic environment have influenced the development of business models where IP is a central element establishing value and potential growth: Jatin Trivedi, Senior partner, YJ Trivedi & Co

NE BUSINESS BUREAU

AHMEDABAD, JAN 21

The 16th Annual Intellectual Property Summit organised by YJ Trivedi-AMA Academy for Intellectual Property Rights on Friday brought together top experts, entrepreneurs, academicians and other participants who emphasised the need for a strong IPR regime. The Summit saw insightful discussions on a range of topics covering the relevance of emerging technologies and IP, influence on new business models, role in strategic alliances and M&As, among others.

The 16th annual intellectual property summit 2023, ended with a delightful speech by Mr. Jatin Jalundhwala
.#AMA #AhmedabadmanagementAssociation #ahmedabad #IPsummit #careeropportunities pic.twitter.com/GjfjWAOtw6

— Ahmedabad Management Association (@ama_ahmedabad) January 20, 2023

The flagship Summit kicked off with AMA president Deevyesh Radio and AMA governing council member Gopi Trivedi setting the tone. In his address, Dr Narottam Sahoo, advisor to Gujarat Council on Science and Technology, touched upon the development of IP culture over the years and the Council’s role in getting 16 GI Tags for Gujarat.

16th Annual Intellectual Property Summit 2023 #AMA #AhmedabadmanagementAssociation #ahmedabad #IPsummit #careeropportunities pic.twitter.com/9K5ikFaQxJ

— Ahmedabad Management Association (@ama_ahmedabad) January 20, 2023

The first session focused on digital business models and their unprecedented growth rate. Anubhav Kapoor, Director of Legal Affairs at Ford India, explained the influence of IP on new business models in the digital age. He spoke about the shift in the digital world due to technology and stressed the need for change in laws to handle new AI technologies.

Mr. Anubhav Kapoor, emphasized the critical role that IP plays in driving the innovation and creativity required for new business models to succeed. Additionally, Mr. Munish Sudan also pointed out that IP rights can be a valuable asset in Mergers & Acquisitions (M&As)#IPsummit pic.twitter.com/EedGY42VH4

— Ahmedabad Management Association (@ama_ahmedabad) January 20, 2023

Speaking about the role of IPR in strategic alliances and M&As, Munish Sudan, Head of IP and External Research Collaborations at Tata Steel, touched upon the open model of innovation, focusing on strategic IPR and R&D and usage at all stages of alliances.

Ms. Lakshika Joshi, the Legal Leadership & Global IP Head at Capgemini Engineering, gave some insights on handling IP-related complexities during technology transfer. #AMA #AhmedabadmanagementAssociation #ahmedabad #IPsummit #careeropportunities pic.twitter.com/C9EKycAwV4

— Ahmedabad Management Association (@ama_ahmedabad) January 20, 2023

Gregory L Maurer, Partner at the Portland office of Klarquist, discussed the challenges and new frontiers in emerging technologies and IP. Dr Anurag Gupta from Atal Innovation Mission, Niti Aayog, shared his thoughts about monetising IP while solving complex problems with simple solutions.

In her comments, Lakshika Joshi, Legal Leadership and Global IP Head at Capgemini Engineering, spoke about IP-related complexities during technology transfer.

“What an insightful and informative event the 16th IP Summit has been. The relevance of IP has surged in today’s modern and digital world. It is no longer restricted to traditional IP such as trademarks, copyrights, patents, and designs, but covers a much broader area. IP rights protect businesses and inventions and attract investors. Changes in the global economic environment have influenced the development of business models where IP is a central element establishing value and potential growth,” said Jatin Trivedi, Senior partner, YJ Trivedi & Co.

At the Summit, the expert speakers noted that issues about the development, assessment, protection and exploitation of intellect in terms of intellectual property have become increasingly crucial, and emphasised the need to establish a strong IPR regime.

The Annual IP Summit has made its mark as one of the most popular and knowledge-driven events in the state. It provides opportunities for networking with visionary entrepreneurs, industry experts, judiciary members, legal professionals and academicians from across the globe.

Tags: 16thaAnnualemphasiseExpertsforIPIPRneedregimestrongsummitthe
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