Introduction

Micro, Small and Medium Enterprises (MSMEs) form the backbone of all vibrant economies.  In India, they contribute greatly to the economy with a vast network of around 30 million units. MSMEs, as they are commonly referred to, create employment for about 70 million people and manufacture over 8000 products ranging from traditional goods to high-tech items. Because of their massive contribution: about 45 per cent of the manufacturing output and about 40 per cent of the exports, they are aptly termed as the pillars of Indian economy.  

In many economic sectors, Indian MSMEs drive innovation and competition.
    
However, most entrepreneurs rarely plan, nurture, and protect their intangible assets. Often, the MSME units are unaware of how to assess their assets – and the knowledge and knowhow that goes into manufacturing a product.  Even those who are aware do not always take the necessary steps.

The National Manufacturing Competitiveness Programme of Government of India has placed a lot of importance on Intellectual Property Rights (IPRs) and has identified IPRs as important instruments for enhancing competitiveness.
 
Thanks to the relentless efforts of public support initiatives such as IP Facilitation Centers (Ministry of MSME) and initiatives of Academia, Research Institutions and Private bodies, more and more entrepreneurs and innovators have started getting their innovations protected through different IPR instruments.   


Protection is fine but where is the business case?  

One of the major missing links in making a business case for IPRs has been absence of  a market place where after identification and protection, IPR holders can also exchange them commercially.

 

IPR Exchange


FISME is proud to establish India’s first IPR Exchange- an online platform enabling commercial exchange of IPRs. The initiative is being supported by the Prosperity Fund through British High Commission in India

Despite evidence of ever increasing technology licensing and sales, the market for IP continues to suffer from illiquidity, high transaction costs, a lack of price discovery, and other information asymmetries. IPR Exchange seeks to alleviate these problems and create an efficient trading platform for buyers and sellers of intellectual property rights.
     

Exchange Platform:  3 simple steps!


Online IPR Management tool
Managing different IPR instruments  Patent, Copyrights, Trademarks etc can become difficult as one has to keep track of filing and renewals dates. The inbuilt online IPR management tool in the exchange keeps record of  IPR instruments of the users and sends them reminders/ alerts.  


If you are a seller
1.    Get your IP protected and acquire rights for : Patent, Copyrights, Trademarks, Designs  etc,
2.    Register with IPREXCHANGE.IN, fill details of your IP
3.    Specify whether you would like to sell the IPR rights outright or  you would like to licence it or give franchising rights etc.

If you are looking for technologies or buying IPRs:
1.    Register your details
2.    Search as per your interest: product/ sector specific offers; read the details of offers  
3.    Negotiate and strike a deal   

 

 

SME Consultants
ipfc
www.knnindia.co.in