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U.S. and Indian Business Organizations Launch Dialogue on IP Collaboration
Dialogue Aimed at Strengthening IP Collaboration between the Two Countries
New Delhi, India – The U.S. Chamber of Commerce’s Global Innovation Policy Center (GIPC) and the Federation of Indian Chambers of Commerce and Industry (FICCI), in partnership with the U.S. Chamber’s U.S.-India Business Council, launched a new dialogue around a solutions-driven approach to intellectual property (IP) policy, innovation, and inclusive growth. The dialogue brings together leaders from the U.S. and Indian government and the Indo-U.S. business community in New Delhi.
The “IP Dialogue: Opportunities for U.S.-India Collaboration,” an initiative on IP-led innovation, brought together experts from India’s Department of Industrial Policy and Promotion, Indian Patent Office, and the U.S. Patent and Trademark Office, along with thought leaders from MSD India, IBM India, Tata Consultancy Services, Motion Pictures Association, University of California, Jindal Global Law School, Gujarat National Law University, University of Southern Illinois, Lakshmikumaran and Sridharan Attorneys, and India Council on Competitiveness, among others. The discussions included a focus on joint opportunities and challenges related to the whole spectrum of IP, including patent filing, regulatory landscape, copyright and infringement, technology transfer, and enforcement.
“Competitiveness, going forward, is rooted in IP-led innovation. India has an opportunity to get ahead and form that the basis on which it can drive domestic growth and be an engine for global economic growth. If India succeeds in becoming a leader in the global knowledge economy, U.S. industries will also benefit. We can both contribute to the success and benefit from the success,” Patrick Kilbride, senior vice president of the U.S. Chamber’s Global Innovation Policy Center.
The Dialogue aims to identify solutions, and also share technical knowledge and expertise. The event included a workshop where experts from the U.S. Patent and Trademark Office (USPTO), industry representatives, and legal experts, exchanged artificial intelligence and nanotechnology best practices with the Indian Patent Office.
“The U.S.-India relationship has significant geo-economic and geo-political significance and our levels of exchange continue to be on an upward trajectory,” Nisha Biswal, president of the U.S. Chamber’s U.S.-India Business Council. “An approach by both governments and industries to focus on solutions and create a dialogue around best practices can lead to win-win situations for the U.S. and India. After all, India and the United States are both innovation economies. It is, therefore, in both of our interests to collaborate on ways to protect those innovations.”
Together, experts from both countries developed a stronger understanding of uniform IP frameworks and how to create solutions in a collaborative way. The Dialogue recommendations will be shared with both governments to deepen strategic cooperation on IP policy.
The Dialogue will be convened annually, alternating between New Delhi and Washington, D.C.
The U.S. Chamber of Commerce’s Global Innovation Policy Center is working around the world to champion innovation and creativity through intellectual property standards that create jobs, save lives, advance global economic and cultural prosperity, and generate breakthrough solutions to global challenges.
Formed in 1975 at the request of the U.S. and Indian governments, the U.S.-India Business Council is the premier business advocacy organization, comprised of 350 top-tier U.S. and Indian companies advancing U.S.-India commercial ties. USIBC is the largest bilateral trade association in the United States, based in Washington, D.C., with a global presence in New York, San Francisco, New Delhi, and Mumbai.
The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations. Its International Affairs division includes more than 80 regional and policy experts and 25 country- and region-specific business councils and initiatives. The U.S. Chamber also works closely with 117 American Chambers of Commerce abroad.