TAG: GS 3: SCIENCE AND TECHNOLOGY, GS 2: GOVERNANCE
THE CONTEXT: A high-level delegation from World Intellectual Property Organization (WIPO) visited NITI Aayog for signing of a Joint Letter of Intent (JLoI) between Atal Innovation Mission (AIM) and WIPO.
EXPLANATION:
- The JLoI is aimed at building programs for Innovation, Entrepreneurship & Intellectual Property (IP) for countries in the Global South.
- The partnership between AIM and WIPO will take the best of India’s innovation models to countries that are on similar development trajectories.
- It will enhance understanding and awareness about IPR right from the school-level and unlock the innovation potential of the world as well as foster inclusive and sustainable economic growth.
- Intellectual property (IP) is a powerful catalyst for innovation and creativity, essential for addressing development of youth and achieving the Sustainable Development Goals.
- Focus on youth is integral to WIPO’s mission to build a more inclusive global IP ecosystem.
- The AIM-WIPO is committed to ensure youth’s participation in innovation and creativity so that IP ecosystems are utilized by a wider demographic, fostering a more innovative and creative global economy.”
- Atal Tinkering Labs (ATL) and Atal Incubation Centers (AIC) are advocated to be a good template for innovation and entrepreneurship through South-South cooperation.
India’s Innovation and IP Achievements
- As one of the specialized agency of the United Nations, WIPO is the nodal institution that releases the Global Innovation Index (GII)
- As per the GII 2023 report, India had retained the 40th position of 132 economies featured in the GII ranking.
- As per WIPO Report 2022, India has experienced sixth straight year of growth in patent filing, posting the highest growth of 31.6% globally.
- Importantly, a substantial increase in resident filings was the main driver of growth overall in 2022.
- The partnership between AIM and WIPO would help position India as a global leader in innovation, leveraging vast talent pool and dynamic market to attract international investments.
- The partnership can be a game changer in fostering a culture of IP-led Innovation and hence safeguarding the future of our nation’s technological advancements.
Atal Innovation Mission
- The Atal Innovation Mission (AIM) is the Government of India’s flagship initiative to promote innovation and entrepreneurship culture in the country.
- AIM is mandated to create an umbrella structure to oversee the innovation ecosystem of the country and revolutionize the innovation eco-system – touching upon the entire innovation life cycle through various programs.
- The Atal Tinkering Laboratories (ATLs) create innovators, Atal Incubation Centres and support to established Incubation Centres ensure innovations are taken to the market and help create enterprises around these innovations, Atal Community Innovation Centres are promoting benefits of technology-led innovation to the unserved/underserved regions of India.
- Atal New India Challenges are creating product and service innovations having a national socio-economic impact and ARISE ANIC Challenges promote innovation in a phased manner in the MSME/Startup sector.
World Intellectual Property Organization:
- The World Intellectual Property Organization (WIPO) is one of the 15 specialized agencies of the United Nations (UN).
- It was established in 1967.
- It began operations on 26 April 1970 when the convention entered into force
- Headquarter: Geneva, Switzerland
- WIPO also works with governments, nongovernmental organizations (NGOs), and individuals to utilize IP for socioeconomic development.
- WIPO currently has 193 member states, including 190 UN member states and the Cook Islands, Holy See and Niue; Palestine has permanent observer status.
- The only non-members are the Federated States of Micronesia, Palau and South Sudan.
- India joined WIPO in 1975.
SOURCE: https://pib.gov.in/PressReleasePage.aspx?PRID=2034912
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