IPR, IPR Awareness among MSMEs in India

Small and medium enterprises (hereinafter referred to as SMEs) are the backbone of developing economies. SMEs represent over 90% of enterprises in these economies. The driving force behind these SMEs is the large number of innovations which has led to the growth of the national economy through employment creation, productive investments and value-added exports. Since this growth is innovation based therefore intellectual property rights (hereinafter referred to as IPRs) have assumed an unprecedented significance. In the knowledge-based society of our times IPRs have a profound influence on the social, economic and technological progress .New products, brands and creative designs appear almost daily on the market that are the result of continuous innovation and creativity in SMEs. Thus In order to improve the business environment and encourage innovation in this sector it is necessary to provide robust policy framework and formidable legal protection to the IPRs of SMEs especially against unauthorized exploitation. The researcher wants to examine the role supporting Institutions create awareness about strategic benefits and enable to protect Innovative &creative capacity of SME.s through Intellectual property rights in India

INDIA, INOVATION, IPR, MSMEs