Department of Science & Technology
Government of Indi
a

Tiruchirappalli Regional Engineering College – Science and Technology Entrepreneurs Park is organizing a ‘One-Day Workshop on Innovation Valuation and IPR Issues’ on the 25th February 2007. This Workshop is planned as a pre-conference event to ISBA 2007- the Annual Conference of the Indian Science & Technology Entrepreneurs Parks and Business Incubators Association, to be held on 26th & 27th February, 2007 at ICRISAT, Hyderabad. The workshop shall be a unique event intended to facilitate knowledge sharing on the vital issue of Intellectual Property Protection and Commercialization of Innovations.

STEPs and Incubators are a new genre of organizations for Innovation convergence in our society with Innovators aspiring to be successful entrepreneurs or wanting to provide innovative solutions to industries, continuously walking in. Incubation Managers involved in technology venture promotion, handle innovative ideas on a day-to-day basis. So far, Incubators have been helping Innovators with venture incubation support, covering the seed stage and some parts of the growth stage, but in the case of IP Companies, may have to cover the full spectrum of growth. Until recently STEPs have seen through Companies which catered predominantly to local markets, but with the opening of the economy and globalization, new opportunities for global market reach and potential, has become a distinct possibility for Indian Incubators. With Incubatees reaching out to global markets, IPR becomes an important tool, for which skills are yet to be honed. In this situation, Business Incubators, usually being the first point of contact for the Innovator, must be able to provide the right direction on gaining competitive advantage through the protection of intellectual assets. It has become critical that Business Incubation Managers clearly understand the process for Valuation of the Innovation and in addition, also discern the process of converting an Innovator into an IP Company and the role played by IPR in the process.

The day long workshop shall have 3 presentations from eminent Experts in the field and will culminate in a panel discussion. The Workshop shall be more interactive and seek to clarify burning issues on IPR through discussions.Ample time is allocated for Q & A sessions, in order for it to be more learning oriented and Incubation centric.