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Consider the following statements about TISC (Technology and Innovation Support Centre) Program.
1. TISC Program provides innovators in developing countries opportunity to exploit their innovative potential and to create, protect, and manage their intellectual property (IP) rights.
2. It is an initiative of WIPO World Intellectual Property Organisation.
3. India has so far two Technology and Innovation Support centres established by WIPO.
Select the correct answer using the code given below.
1 only
2 and 3 only
1 and 3 only
All of the above
All the statements are correct. India’s first Technology and Innovation Support Center (TISC) will be set up at Patent Information Centre in Punjab under the World Intellectual Property Organization’s (WIPO) TISC program. For this, the Department of Industrial Policy and Promotion (DIPP) has signed an institutional agreement with the Punjab State Council of Science and Technology in New Delhi. The objective of the TISC is to stimulate a dynamic, vibrant and balanced Intellectual Property Rights (IPRs) system in India to foster creativity and innovation, thereby promoting entrepreneurship and enhancing social, economic and cultural development by establishing a network of TISCs in India. India’s Second Technology and Innovation Support Center (TISC) Established at Anna University, Chennai. The Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce & Industry, Government of India, has signed an Institutional agreement with Anna University to establish India’s second Technology and Innovation Support Center (TISC) at the Centre for Intellectual Property Rights (CIPR), Anna University, Chennai, under the World Intellectual Property Organization’s (WIPO) TISC program.
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