The protection and utilization of public funded intellectual property bill, 2008: A critique in the light of India's innovation environment

The article critically reviews stated objectives and provisions of the proposed Indian Protection and Utilization of Public Funded Intellectual Property Bill, 2008 with a view to determining the impact the Bill, if enacted, might have on the innovation environment in India. The Bill may be premature in the current Indian innovation environment. Methodology adopted includes legal, statistical and comparative analysis and interviews. Relevant Indian policies and regulations aimed at promoting intellectual property creation, protection and commercialization have also been studied.