Role of IPR in Promoting Indigenous Innovations

Vemula Krishna Priya Lahari
Pendekanti Law College, Osmania University, India

Volume III – Issue II, 2021

Indigenous innovation is essentially an innovator’s mindset. In which he put his/her skills and personality traits to efficient use. Indigenous innovations are commonly the most cost-effective way to complete a job or a specific task. In India, there is a huge problem of unemployment in both rural and urban areas. Indigenous innovations are a new opportunity for those youth who have innovative ideas and are eager to work. It provides self-employment to the youth in their own areas or regions and contributes to India’s inclusive development. Astounding indigenous innovations can be found in India that can be turned into marketable goods and thus aid in value creation. These could be instrumental in guiding a country like India toward becoming an innovation-driven economy. As a result, the future belongs to commodities that fulfil the consumer’s physical and mental needs while also taking into account the region’s conventional, socioeconomic, cultural, and ecological aspects. They should be made locally, but they should be of global quality in terms of appearance, reliability, and performance. As a result, in order to be culturally appropriate and economically viable, the products/solutions would need to be rooted in the local context. This necessitates community involvement and the use of indigenous knowledge. Organizations and nations have been driven ever further to focus on building their own in-house / local solutions, including indigenous technologies, as a result of strict IPR norms have been framed.


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