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Strong Intellectual Property Policy, need of the hour: Report

 The Dollar Business Bureau There is an urgent need to create a strong Intellectual Property (IP) policy so that creative work and innovation are duly protected, says a recently released report. The report titled 'Benefit Sharing in a Globalized India' was released by the Strategic Partners Group (SPAG), a leading research and advocacy firm, on the occasion of the World IP Day, on Sunday. Highlighting on the need for an effective IP Rights policy the report said, “India, a country with multifarious and ubiquitous problems needs an IP environment that stimulates growth and produces a battery that maps out the design for its future progress.” Stating that the cost-effective products should be made available even to the gross-root levels, the ...