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The National Research Development Corporation (NRDC) and the National Commission for Indian System of Medicine (NCISM) signed an MoU.
The partnership aims to promote innovation, intellectual property (IP) management, and the commercialization of research in the Indian System of Medicine.
NRDC will provide expertise in patent filing, technology valuation, and licensing to NCISM-regulated institutions.
GS Paper 3 > IPR Issues
With reference to the 'National Intellectual Property Rights Policy', consider the following statements: 1. It reiterates India's commitment to the Doha Development Agenda and the TRIPS Agreement. 2. Department of Industrial Policy and Promotion is the nodal agency for regulating intellectual property rights in India. Which of the above statements is/are correct?
Answer: Both 1 and 2
Consider the investments in the following assets: 1. Brand recognition 2. Inventory 3. Intellectual property 4. Mailing list of clients How many of the above are considered intangible investments?
Answer: Only three
A statutory body under the Ministry of Ayush formed to frame policies for institutions engaged in Indian Systems of Medicine.
An enterprise of DSIR, Ministry of Science & Technology, that focuses on the promotion, development, and commercialization of technologies.