The international novelty standard operates in a cycle wherein innovative ideas are funded to generate prototypes and get patents leading to a series of start-ups. Established industry players lookout for technologies through parent portals however, this paradigm is loosely operating in India. An analysis of International Patents data will be the huge problem that India is facing in the area of monetization of innovations. This TIH focuses on mitigating these barriers and to ensure hassle free support to the technology innovators, right from developing the technology to claim their patents and to monetise their IPRs.
