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3rd edition of IP Conclave & IPTSE Awards felicitated the national winners

Shreoshree Chakrabarty April 30, 2021

IPTSE Academy organised and administered the first-of-its-kind IP Olympiad- the 3rd edition of IP Conclave and IPTSE Awards which was supported by stakeholders such as the industry chamber ASSOCHAM, Ericsson, government departments and several educational institutes. The national winners of the IPTSE 2020 examination were announced and the all-India rank (AIR) holders of the IPTSE 2020 examination were felicitated at the virtual awards ceremony. The Guest of Honor, Prof. (Dr.) Anil D. Sahasrabudhe, Chairman, AICTE did the honours.

To deliberate on creating a conducive intellectual property regime in India, the seminar brought together senior decision-makers of the government, industry stalwarts and academia, to not only protect innovators’ rights but also create an ecosystem of fair and equitable royalties to enable continuous research and innovation.

Delivering the keynote address, Mr John Cabeca, US Intellectual Property Counsellor, South Asia, said, “ASSOCHAM’s National Committee on IPR is steadfastly working towards actualizing the goal of advocacy, industry cooperation and awareness building about intellectual property rights among Indian innovators and MSMEs. In today’s day and age, it is important to support and sustain MSMEs and early-stage innovators. And to realize this goal, intellectual property can play a critical role in protecting creators’ innovations and spurring a culture of innovation and competition in the industry.”

Lauding IPTSE Academy’s efforts to further the vision of putting India on the global IP map and assuring AICTE’s continued support to IPTSE’s initiatives, Prof. (Dr.) Anil D. Sahasrabudhe, Chairman, AICTE, said “Like government platforms such as Smart India Hackathon and Atal Innovation Mission, IPTSE is generating awareness about IP creation and maintenance. Initiatives such as IPTSE and organizations such as Ericsson are providing students the knowledge and opportunity to develop innovative solutions for new-age challenges our societies face. In start-up hubs such as the ones in India, patenting has become crucial to protect innovative solutions developed by our entrepreneurs and young innovators.”

Aimed at driving awareness among young learners and undergraduate students about trademark, design, copyrights, patents, trade secrets and industrial design, IPTSE is India’s first Intellectual Property examination and it was started in 2018. In order to increase awareness about the course among students and professors across India, more than 13,000 young aspirants have taken the examination, and more than 250 volunteers have been working tirelessly since 2018.

During the conclave, Ms. Monica Magnusson, Vice President – IPR, Ericsson, said, “With the aim to bring together the brightest minds in India to create awareness about intellectual property, ASSOCHAM and Ericsson collaborated to initiate IPTSE. Over the last three years, it has been IPTSE’s single-minded goal to raise awareness, increase competitiveness and make India a global leader in IP and innovation. It is crucial to drive awareness at grassroots level if we want to fuel India’s economic growth and foster a culture of innovation. The most important aspect for any innovator is to know how to protect her/his idea. IP finds application in all sectors – be it sports, fashion, design or technology. I would like to thank our government partners for their tremendous effort; it is very heartening to see the kind of support the initiative has been receiving from all the ministries and decision makers.”

The government, academic partners and industry has consistently supported IPTSE Academy. National Research Development Corporation (NRDC); Ministry of Science and Technology; Punjab State Council for Science & Technology; Ministry of Electronics and Information Technology (MEITY); Ministry of Micro, Small and Medium Enterprises (MSMEs); INSPIRE; and scores of Indian educational institutions that have played integral roles in taking this examination to aspiring young students in every pocket of the country.

Dr. Sahasrabudhe felicitated six AIR national winners of the 3rd IPTSE 2020 examination during the virtual award ceremony and they were Sonu Yadav from VidyaGyan School, Sitapur, Sangita Sharma from Gujarat National Law University; Guru Sarran J from AECS Magnolia Maaruti Public School; Soundarya Rathor from School of Law, Christ University; Ankur Yadav from Vidya Gyan School, Sitapur; and Lokesh Vyas from Institute of Law Nirma University, Ahmedabad.

Other winners included a few outstanding academicians and scientists from around the country who worked in the field of IP. They were also recognized and awarded for their contribution to the development of the discipline.

IPTSE continues to be India’s first and only IP examination committed to driving awareness on the need for adopting and implementing best IPR practices in the industry that will safeguard the interest of our young innovators and entrepreneurs and foster a culture of innovation and creativity throughout India.

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