Intellectual property plays an important role in providing a competitive edge to any Institution. The tangible assets like inventions, designs, software, brand name and other creative & innovative ideas are more valuable than physical assets. VV College of Science & Technology IPR Cell is committed to encourage, protect, manage and commercialize Intellectual Property such as Patent, Copyright, Trademark etc. generated through the College.
It is necessary to protect the Intellectual property in order to enable organizations to earn recognition or financial benefits. Governments of various countries protect the innovative ideas of the inventors through Intellectual Property Rights (IPR). Recently, IPR has become a central issue in the developed and developing countries. The rationale for this IPR lies in the need to create awareness about the importance of IPRs as a marketable financial asset and economic tool among the researchers, faculty and students of the College. Intellectual property Rights: means the rights derived from the IP e.g. Patents, registered designs, copyright etc. Indian Government has revised the National IPR Policy in May 2016 and its vision, Mission and objectives are given as follows.
The intellectual properties can be broadly listed as follows: