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SIDBI Innovation and Incubation Center Indian Institute of Technology Kanpur 1 Presented by: Ravi Pandey Research Establishment Officer (Innovation & Incubation) SIIC, IIT Kanpur, Kanpur 208016 India Importance of IP Management

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Page 1: Importance of IP Management · 2018. 11. 7. · SIDBI Innovation and Incubation Center Indian Institute of Technology Kanpur. 1. Presented by: Ravi Pandey Research Establishment Officer

SIDBI Innovation and Incubation CenterIndian Institute of Technology Kanpur

1

Presented by:

Ravi PandeyResearch Establishment Officer (Innovation & Incubation)SIIC, IIT Kanpur, Kanpur 208016 India

“Importance of IP Management”

Page 2: Importance of IP Management · 2018. 11. 7. · SIDBI Innovation and Incubation Center Indian Institute of Technology Kanpur. 1. Presented by: Ravi Pandey Research Establishment Officer

SIIC: Overview

2

National Award Winners 2011

Key words:

• Innovation and Incubation

• Entrepreneurship promotion

• Intellectual property protection

• Operational since 2004: One of the largest innovation eco-systems!• More than 62 startups incubated: Equity based model

o 34 startups already graduatedo 28 are currently under incubation, 04 Under Considerationo 3 exits (IITK Equity diluted)

• Seed fund disbursement to more than 20 startups• IIT Kanpur’s stake in top 5 startups is valued at > Rs 30 crores• Fund Generation - External Rs. 48 Crores• Commercialization Income: of the order of Rs. 3.5 Crores

Page 3: Importance of IP Management · 2018. 11. 7. · SIDBI Innovation and Incubation Center Indian Institute of Technology Kanpur. 1. Presented by: Ravi Pandey Research Establishment Officer

3

Creative engineers must eventually come out of their

`Think Space' to hands-on ̀ Tinker Space'

Transform their ideas into real-life objectsand…..eventually to go beyond to

Products , Services and Patents/IP

Commercial Products

The lab is accessible to

• All institute students• Incubates• Start-up entrepreneurs

Tinkering Laboratory

Page 4: Importance of IP Management · 2018. 11. 7. · SIDBI Innovation and Incubation Center Indian Institute of Technology Kanpur. 1. Presented by: Ravi Pandey Research Establishment Officer

4

Achievements Highlights: Tinkering Laboratory

Page 5: Importance of IP Management · 2018. 11. 7. · SIDBI Innovation and Incubation Center Indian Institute of Technology Kanpur. 1. Presented by: Ravi Pandey Research Establishment Officer

• The 4i Laboratory was incepted in theyear 2003 for providing manufacturingsupport to UG and PG activities acrossthe institute and also to help to incubatenew companies at IIT, Kanpur.

• The laboratory houses around 21machining centers which are mainlyclassified as CNC centers, non-traditionalmachining centers, PCB fabrication lineand associated equipment, conventionalmachining centers etc.

4i Lab

Page 6: Importance of IP Management · 2018. 11. 7. · SIDBI Innovation and Incubation Center Indian Institute of Technology Kanpur. 1. Presented by: Ravi Pandey Research Establishment Officer

Different prospects of IPR

• Patent: 20 years• Design:10 years (Aesthetic & Industrial Applicability)• Trademark:10 years (Extendable)• Copyright: 60 years + Authors life (Software &

Literary work)• PPVFRA: Plant varieties (10-20 years)• Trade-secret: Forever

Page 7: Importance of IP Management · 2018. 11. 7. · SIDBI Innovation and Incubation Center Indian Institute of Technology Kanpur. 1. Presented by: Ravi Pandey Research Establishment Officer

0

10

20

30

40

50

60

70

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Statistics of Patents Filed

56 technologies commercialized till date and the Revenue Generated is Rs. 3.5 cr

IIT, Kanpur has filed more than 400 patent till date

Page 8: Importance of IP Management · 2018. 11. 7. · SIDBI Innovation and Incubation Center Indian Institute of Technology Kanpur. 1. Presented by: Ravi Pandey Research Establishment Officer

What to Patent?

Product

Or

Process

Granted Patent

Useful

Non-Obvious

Novel

Recombinant organism/ protein Primer/ probe sequence/ Biomarker Assay/ Kit Biomedical Device Nanostructures/ Nanoparticles New Chemical Entities (NCEs) Composition/ Formulation Vaccine Fermentation process

Page 9: Importance of IP Management · 2018. 11. 7. · SIDBI Innovation and Incubation Center Indian Institute of Technology Kanpur. 1. Presented by: Ravi Pandey Research Establishment Officer

9

When to Patent?

Preliminary workability of

idea

Before publication

To gain competitive

edge on similar

technologies

Before technology

licensing

FILE a PATENT APPLICATION......then PUBLISH

Page 10: Importance of IP Management · 2018. 11. 7. · SIDBI Innovation and Incubation Center Indian Institute of Technology Kanpur. 1. Presented by: Ravi Pandey Research Establishment Officer

• Patents do not = protection = good business

• Should I patent?

• Only 2% of patent holders make money from their inventions - USPTO 2010

• 50 granted patents only 1 makes money

• 98% fail to make money on their invention

Why Emphasize on Entrepreneurship?

Page 11: Importance of IP Management · 2018. 11. 7. · SIDBI Innovation and Incubation Center Indian Institute of Technology Kanpur. 1. Presented by: Ravi Pandey Research Establishment Officer

Few Examples of IP Converted into Entrepreneurship

Eshan Sadasivan, PhD student

Design Patent No-287945

Seed Fund and Grantupto the tune of Rs 40lakhs from differentagencies

Page 12: Importance of IP Management · 2018. 11. 7. · SIDBI Innovation and Incubation Center Indian Institute of Technology Kanpur. 1. Presented by: Ravi Pandey Research Establishment Officer

Sandip Patil, PhD student

Patent No-3719/DEL/2011

• Annual turnover of Rs. 1.5 Cr• Listed top 5 Nanotechnology

company in India• TIME India Award• Young Entrepreneur Award

Page 13: Importance of IP Management · 2018. 11. 7. · SIDBI Innovation and Incubation Center Indian Institute of Technology Kanpur. 1. Presented by: Ravi Pandey Research Establishment Officer

Facilities at IITKFeatures• Open to anyone• Access to IITK Infrastructure• Mentoring• Office/Residential Space• Funding Assistance: SEED Funding• IP Management, legal, accounting• Acceleration support systemSupport Services• Dedicated Technology Transfer Office• Evaluation & Transfer Services• Resident CA, IP

Consultant, Marketing• MOUs with Consultants• Industry Interaction Initiatives• Data Compilation, Display and

Showcase• Industry Databases

Page 14: Importance of IP Management · 2018. 11. 7. · SIDBI Innovation and Incubation Center Indian Institute of Technology Kanpur. 1. Presented by: Ravi Pandey Research Establishment Officer

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