Commercialization of Intellectual Property
Competition and intellectual property law are closely linked, as intellectual property law rewards innovation by granting exclusive rights, the competition law ensures that companies do not restrict freedom to compete or exploit market power with anti-competitive consequences. The laws dealing with restrictive trade practices in India are contained under the Patents Act and the Competition Act. The value of a trade secret lies in its secrecy. If a company cannot ensure protection of its trade secrets in a foreign country, it will not do business in that country. Every company should therefore, take some important measures to protect its trade secrets.
Intellectual property protection is one of the central public policy considerations of knowledge based industries and global markets. Rapid changes in key technological, economic and social drivers underscore the importance of intellectual property as it provides an increasingly critical legal and policy instrument for encouraging innovation, stimulating investments needed to develop and market new innovations, and diffusing technology and other knowledge in economically and socially beneficial ways.
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- Question 1 of 10
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Where is the National Institute of Virology situated ?CorrectIncorrect
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The headquaters of the Indira Gandhi National Centre For Arts is atCorrectIncorrect
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Where is the headquaters of Oil and Natural Gas Commission ?CorrectIncorrect
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Sariska and Ranthambore are the reserves for which of the following animals ?CorrectIncorrect
- Question 5 of 10
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National Gallery of Modern Art and Museum is inCorrectIncorrect
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Which of the following is known as “Garden City of India” ?CorrectIncorrect
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National Police Academy is located atCorrectIncorrect
- Question 8 of 10
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The Centre for Cellular amd Molecular Biology is situated atCorrectIncorrect
- Question 9 of 10
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Where is the “National Remote Sensing Agency ” situated ?CorrectIncorrect
- Question 10 of 10
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The Paratroopers Training School of the Indian Air Force, is located atCorrectIncorrect