Patent fees for all educational institutions reduced by 80%

The commerce and industry ministry said these institutions engage in many research activities, where professors/teachers and students generate several new technologies which need to be patented for facilitating commercialization of the same.

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Patent fees for all educational institutions reduced by 80%

The government on Thursday said patent fees for all educational institutions have been reduced by 80 percent, a move aimed at promoting innovation and development of new technologies.

This benefit was earlier available to all recognized educational institutions owned by the government.

Also Read: Shri. Sudhanshu Pandey, (IAS ) Additional Secretary, Ministry of Commerce and Industry

The commerce and industry ministry said these institutions engage in many research activities, where professors/teachers and students generate several new technologies which need to be patented for facilitating commercialization of the same.

High patenting fees present a restrictive element for getting these technologies patented and thus work as a disincentive for the development of new technologies, it added.

“In yet another significant push towards Mission Aatmanirbhar Bharat, benefits related to 80 percent reduced fee for patent filing and prosecution have been extended to educational institutions as well. The Centre has notified the amendments to the Patents Rules in this regard,” it said.

According to a notification, an educational institution means a university established or incorporated by or under central, provincial, or state laws and includes any other educational institution as recognized by an authority designated by the central, state, or the Union territories.

The ministry said that at the time of applying for patents, the innovators have to apply for these patents in the name of the institutions which have to pay fees for large applicants, which are “very high and thus work as a disincentive”.

In this regard and to encourage greater participation of the educational institutions, which play a pivotal role in the country’s innovation, official fees payable by them in respect of various acts under the Patents Rules, 2003, have been reduced by way of the Patents (Amendment) Rules, 2021, which came into effect on September 21.

Further, it said the ministry has taken several steps due to which the time taken for examination of patents has come down from an average of 72 months in 2015 to 12-30 months at present, depending upon technology fields.

“It is expected that the time for final disposal of patent applications, which has reduced to average 48 months at present from a few years earlier, will be reduced to average 24-30 months from filing by end of 2021,” iit added.

An expedited examination system has been introduced wherein an application for a grant of patent is being decided within one year of filing such a request.

“The fastest granted patent is the one which was granted in 41 days after filing of such request. This facility of expedited examination system was initially provided for patent applications filed by startups,” it said.

This facility has been now extended to eight more categories of patent applicants from September 17, 2019, by making necessary amendments in the Patents Rules.

These categories include SME, female applicants, government departments, institutions established by a central, provincial, or state act, which is owned or controlled by the government, and government companies.

PTI

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Patent fees for all educational institutions reduced by 80%
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The commerce and industry ministry said these institutions engage in many research activities, where professors/teachers and students generate several new technologies which need to be patented for facilitating commercialization of the same.
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THE POLICY TIMES
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