India:
Delivering On State Wise Impetus To Start-Ups In India
20 November 2017
LexOrbis
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The IPR policy launched by the Indian government in 2016 under
Start-up India program has seen considerable success, with several
start-ups filing patent applications under SIPP scheme, receiving
patent grants in quick turnaround time and at a fraction of the
cost.
One of the key action plans of the Start-up India program is
"funding support and Incentives" for development and
growth of innovation-driven enterprises. To execute the action plan
for the development of Innovation-driven enterprises and start-up
culture several states in India have come up with their own
start-up policy. Several Indian states have also set up an
innovation council/ body for the governance of such start-up
policies.
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