Intellectual property protection is a key issue for India—US relationship and the next week’s meeting between Prime Minister Narendra Modi and US President Donald Trump is expected to benefit the innovators on both sides, says an American industry body.
Prime Minister Narendra Modi US visit
Prime Minister Modi’s US visit represents an opportunity for the Indian government to renew its commitment as a good- faith economic partner and to embrace pro-growth policies that will mutually benefit American and Indian innovators alike, it said.
Patrick Kilbride, vice president of International Intellectual Property of the US Chambers of Commerce told PTI.”This visit represents an opportunity for the Indian government to renew its commitment as a good-faith economic partner and to embrace pro-growth policies that will mutually benefit American and Indian innovators alike,” .
Empowering innovators through recourse to strong intellectual property laws has long been a key issue within the US-India relationship, he said in response to a question.
Article of this year
Article published in this year, Kilbride had said that a strong intellectual property system must provide legal certainty that empowers innovators and artists to invest their time, money, and personal energy in creative and inventive works. Too many expectation Too many holes in the bucket ,jeopardize that reliability and result in a lot of spilled opportunities, he wrote in Business World.
Choice of Indian Policymakers
According to Kilbride Indian policymaker have some choice before them:
• They can choose to keep discouraging innovation or they can plug the holes in India’s current ‘bucket’ exceptions such as limiting the patentability of software innovations, or facilitating access to priated movies and music online.
• India must also choose whether they will continue down its current path or give innovators a bigger bucket robust IP laws based on 21st century standards to take more ideas
“We certainly hope that India chooses fully embrace its full innovative potential to carry a wealth of ideas to market “.
