Chennai: The US Chamber of Commerce’s Global Innovation Policy Center (GIPC) and Federation of Indian Chambers of Commerce and Industry (FICCI) have launched a new dialogue around a solutions-driven approach to intellectual property (IP) policy, innovation, and inclusive growth.
A release from the bodies stated that the dialogue brings together leaders from the US and Indian government and the Indo-US business community in New Delhi. The dialogue was implemented in partnership with the US Chamber’s US India Business Council.
The initiative titled ‘IP Dialogue: Opportunities for US-India Collaboration’ is an initiative on IP-led innovation. It has brought together experts from India’s Department of Industrial Policy and Promotion, Indian Patent Office, and the US Patent and Trademark Office, along with thought leaders from various fronts including educational institutions.
The Dialogue aims to identify solutions, and also share technical knowledge and expertise. The event included a workshop where experts from the US Patent and Trademark Office (USPTO), industry representatives, and legal experts, exchanged artificial intelligence and nanotechnology best practices with the Indian Patent Office. The Dialogue will be convened annually, alternating between New Delhi and Washington, DC.
“Competitiveness, going forward, is rooted in IP-led innovation. India has an opportunity to get ahead and form that the basis on which it can drive domestic growth and be an engine for global economic growth. If India succeeds in becoming a leader in the global knowledge economy, US industries will also benefit,” said senior vice president, US Chamber’s Global Innovation Policy Center, Patrick Kilbride.