The wait is over.. Results of IPQ survey!!

So the wait is over....

Here the results of IPQ survey: -

A#1: Intangible property such as ideas or creative work (100% correct response)

A#2: Ability to exclude others from using his IP w/o prior permission (100% correct response)

A#3: What is not a form of IP: Technology (55% correct response)

A#4: Do you require a prototype for filing patent: No (not surprisingly only 61% correct response)f

A#5: Does IP right exist after death of owner: Yes (89% correct response)

A#6: Sold | Licensed | Mortgaged (not in India at the moment) | Litigation (0% response with all 4 options)

A#7: Can a Movie be patented: No (only 56% correct response)

A#8: If BENCIL is a brand of pencil in market, can another co. launch it's range of pencil with the same name: Only if the pencil is launched in another country where BENCIL is not sold at that point of time (0% correct response)

A#9: How much according to you is Innovation directly linked to IP: Avg. Rating of 3.56 / 4 (Very high)

A#10: Do you think IP will matter to you even more in the years to come: Yes (94%)

Some expected responses but overall very interesting insights which will be very useful in shaping the book..

Look forward to your thoughts on what you would like covered in the book as also your thoughts on the survey.

Cheers..

Rajeev

BENCIL Speaks would like to check your IPQ

Hi, would you not like to know your IPQ (Intellectual Property Quotient) just like you test your IQ.

BENCIL Speaks wants you to complete a quick survey (less than the time it takes to make Maggi noodles) to help us understand your Intellectual Property Quotient.

No techno legal terms but very interesting questions you can relate to.

Your response will go a long way in understanding knowledge gaps and perceptions for my upcoming book on IP Basics.

Thanks and will post correct answers on blog after closure of survey on 18th July.

The survey link is: -

Click here to take survey

Insights into Technology Licensing Deals in Agri. sector

My interns, Satish & Monika have been working hard with me to compile data on Technology Licensing deals in Agriculture sector in India for the last 2 months and gather insights on active segments for deal making, valuation methodology, type of entrepreneurs etc.

Finally, they managed to put together 333 (magical, isn't it) active deals in the entire agriculture value chain in India across 18 Agri. Research Institutes.

Interesting Analysis: -

a. Top Segments for deal making: Agri. Machinery, Sericulture & Agri. Inputs

b. Most popular valuation methodology: Cost followed by Cost + Market approach

c. Licensee (Entrepreneurs) category: 67%-SMEs | 31.5%-Corporate | 1.5%-NGO

d. Highest upfront payment per technology: Rs.15,00,000

e. Average Royalty Rate: 2.72% (Min.: 2% | Max.: 5%)

Institutes focusing on high technology such as biochemicals, neem based value added products such as bio pesticides commanded high price whereas technology adaptation in agri. implements commanded a low price which makes perfect commercial sense!!

The full version of the compilation will be put on the blog on Sunday, so watch out for it!!