National and Higher Education Institutions (HEIs) IP Policies: Comparison of Indian HEIs’ IP Policies from a Global Perspective

Abstract Until the end of eighteenth century, Higher Education Institutions (HEIs) were restricted to generate knowledge for free access industries which they use making commercial products. Though HEIs have potential contribute national economy from their creative and commercially viable R&D output through commercialization research Intellectual Property Rights, it was not given needed importance due lack supportive policies. In many developed countries, innovation strategies, Science, Technology, Innovation (STI) Rights (IPR) policies provided opportunities own commercialize generate. National IPR policy formulation implementation HEI IP became crucial effective implementation, promotion innovation, generation, protection in HEIs. Efficiency commercializing is dependent on framework aligning vision goals with policy, objectives, ownership, revenue sharing mechanism. These are key indicators comparing institutions’ capacity. This paper uses these discuss impact different countries’ (developed, developing, least developed) frameworks top-performing those countries address question, how worked achieving envisaged economic growth by improving It further compares Indian global We found that there a greater need local governments make incentive strategies line corresponding facilitating collaboration innovations. Implementing robust at state/region level plays pivotal role creating an ecosystem growth.