Possible impact of rising IP Awareness

June 4, 2010

Intellectual Property awareness is growing across nearly all nations, irrespective of their size or developmental stage. With general public awareness campaigns being conducted in countries like India, the rising prominence of IP is not increasing amongst consumers alone, but more importantly, creating a band of people dealing in innovation and consequent investment in IP.

Even as educational institutions seek to include Intellectual Property as a part of their curriculum, there is an increasing wave to promote innovation and entrepreneurship. With R&D institutes seriously considering research from an IP perspective, the role that licensing and assignment play has risen as well.

As for the offshoring sector, such growth can only be welcome, with a healthy mix of small or individual entrepreneurs and large corporations forming part of their clientele. A mix of service offerings to suit each need may also come about, to cater to specific needs based on scale and size. The only aspect that may result from this is that the offshoring sector acquires a unique mix, in terms of variety and robustness in each of its offerings.



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