14th Convention of Global Intellectual Property Convention GIPC harps on Innovation and Growth.

Panaji, Goa.

The two day 14th Edition of GIPC (GIPC 2023) was held on 18th February to 19th February, 2023 at Goa Marriott Resort &Spa, and was inaugurated by Hon'ble Chief Minister of Goa Dr.Pramod Sawant.

Dr.Sawant Spoke on the importance of green technology, as a valuable component of the economy as it has the potential of creating new job opportunities & new industries. He also emphasised on the critical role of Intellectual Property (I P) in fostering the innovation & growth of green tech, a proper Licensing Agreement and Patent Pool will create a value based growth of green tech at balanced cost. (Speech Link.. https://fb.watch/iPcdKqB4sO/?mibextid=RUbZ1f )

The convention had four (4) plenary sessions, including keynote addresses and eight (technical) breakout sessions. The speakers all leading experts in the field of IP, touched upon important topics, sharing insights on patent law, trademark law, copyright law, IP enforcement and litigation, and more.

This 14th edition of GIPC was held after a gap of 3 years and was organised by the Institute of International Trade, Kolkata, and managed by ITAG Business Solutions Ltd., Kolkata, which they have been doing since 2009. To date, more than 3900 participants from more than 50 countries have taken part in the conference.

According to Dr. Kingshuk Sarkar, Associate Professor and Area Chair, Goa Institute of Management who attended the convention as a delegate, said that it was an exciting and informative event for professionals in the field of IP. The convention provided a forum for discussions and collaboration, and this will help to shape the future of the IP industry.

According to Mr. Grigory Ivliev, President, Eurasian Patent Office, Eurasian Patent Organization, Moscow who attended the convention as a Speaker, said that “India is a land of unity and diversity. The Eurasian Patent Office shares the same basic principles. India is an important and close partner for us, our cooperation has a huge development potential. We are confident that the breakthrough developments of Indian inventors will be in demand all over the world, including in the Eurasian space. We are ready to ensure their effective protection.”

According to Dr. D.R. Agarwal, the convenor of GIPC 2023, the convention attracted more than 300 attendees, including very renowned names from around the world. It was successful in fulfilling the purported agenda of providing a platform for professionals in the field of IP to network, share their experiences, and learn from each other.

He further elaborates, “The intellectual property industry in India has been growing rapidly in recent years. According to a report by the Indian Brand Equity Foundation, the size of the intellectual property industry in India was estimated to be around US$ 7.5 billion in 2020, and it is expected to grow at a CAGR of around 10% between 2021-2026.”

Important Activities in the convention :

Declining interest in STEM (Science, Technology, Engineering and Mathematics) led to noted Intellectual Property Law firm Anand and Anand work towards creating a hologram museum of scientists. Firm’s Managing Partner and pre-eminent IP lawyer Pravin Anand launched a prototype 3D hologram of India’s First Nobel laureate Sir C V Raman, known for his work on the "Raman effect", at the Global IP Convention in Goa. The prototype of Sir Raman has been built using AI, face superimposition, speech synthesis, deep learning techniques, high- end processing machines, and cloud computing power.

The Eurasian Patent Organization (EAPO), an international intergovernmental organization of the Eurasian Patent Convention, Moscow and the Council of Scientific and Industrial Research (CSIR) entered into a cooperation on the Traditional Knowledge Digital Library (TKDL) Access through a Non-Disclosure Agreement. The Agreement by Mr. Grigory Ivliev, President, Eurasian Patent Office, Eurasian Patent Organization, Moscow and Dr. Viswajanani J Sattigeri, Scientist-H and Head, CSIR-Traditional Knowledge Digital Library Unit, New Delhi in presence of senior officials from both sides, on the side-lines of the Global Intellectual Property Convention (GIPC) 2023.

Through this Agreement, the Eurasian member states stand to protect Indian Traditional Knowledge through the TKDL. Also, the Eurasian team looks forward to learn from the TKDL experiences to set up similar registers for the TK of their countries.

The TKDL is a global benchmark in the defensive protection of traditional knowledge and has been successful in protecting India’s interest against any possible misappropriation of its heritage. Recently, the Cabinet, Govt. of India, approved widening of the access of the TKDL to users, beyond patent offices to stimulate R&D and innovation based on Indian TK.

About GIPC

Global Intellectual Property Convention (GIPC) is Asia’s leading conference designed for in-house IP counsels and innovators to interact with IP attorneys from around the world to discuss the latest trends, opportunities, and challenges in the field of IP which is necessary for the optimisation and leveraging of IP Assets.

It is the favourite learning and networking destination in India for IP fraternity from well-known law firms, multinational organizations, service providers and government office bearers from India and across the globe. Speakers from USPTO, WIPO, IPO, JPO, EPO, ARIPO, and many other international IP organizations have shared their ideas and vision about innovation and IP.

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