Consider the following objectives of National IPR Policy 2016 1 to create public awareness about the...........

Economic Affairs Intellectual Property Rights (IPR)

Consider the following objectives of National IPR Policy (2016)

1) to create public awareness about the economic, social and cultural benefits of IPRs among all sections of society

2) to have strong and effective IPR laws, which balance the interests of rights owners with larger public interest

3) to strengthen enforcement and adjudicatory mechanisms for combating IPR infringements

4) to strengthen and expand human resources, institutions and capacities for teaching, training, research and skill building in IPRs.

Which of the above are incorrect?

1 and 3 only

2 and 4 only

1 and 4 only

None of the above

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Explanation:

National IPR Policy (2016):
• This Policy lays down the following seven objectives:
1) IPR Awareness: outreach and promotion: to create public awareness about the economic, social
and cultural benefits of IPRs among all sections of society;
2) Generation of IPRs: to stimulate the generation of IPRs;
3) Legal and Legislative Framework: to have strong and effective IPR laws, which balance the
interests of rights owners with larger public interest;
4) Administration and Management: to modernize and strengthen service-oriented IPR administration;
5) Commercialization of IPR: get value for IPRs through commercialization;
6) Enforcement and Adjudication: to strengthen enforcement and adjudicatory mechanisms for
combating IPR infringements; and
7) Human Capital Development: to strengthen and expand human resources, institutions and
capacities for teaching, training, research and skill building in IPRs.