Summary
This post details the engagement of the United Nations Industrial Development Organisation (UNIDO) to sensitise Indian SMEs in the machine tools, plastics, and foundry sectors about the importance of intellectual property in business. A comprehensive programme was designed, including practical training and strategic IP audits for around fifty SMEs across India. The initiative facilitated the identification, protection, and commercialisation of more than 250 potential intellectual properties, with about 120 different IP filings. IP policies and agreements were instituted, advancing all participating companies along the IP value chain. The structured approach ensured that SMEs established innovation systems and implemented IP best practices.
Nature of the company: United Nations Industrial Development Organisation (UNIDO)
Why they approached us:
- Wanted to sensitize SMEs in Machine Tools, Plastics, and Foundry sectors on the role of IP in business.
- Required a comprehensive program to help cluster SMEs generate, identify, and protect IP, and use it to gain business value.
- Fields of SMEs: Machine Tools, Plastics and Foundry Sectors
What did we do:
- Devised practical training programs, and organized seminars across India from Bangalore to Ludhiana.
- Performed strategic IP Audits to identify, and protect IP at around fifty SMEs.
- Studied each company and helped it to establish an innovation system that is aimed at generating, protecting and commercializing IP
- Implemented basic IP best practices in all audited companies.
Impact:
- More than 250 potential IPs were identified across the companies.
- Around 120 different types of IP were filed.
- IP policies, practices, and agreements were implemented in all audited companies.
- All the fifty companies were taken several steps forward in the IP value chain.
