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July 3, 2017

Intellectual Property (IP) Exchange to be set-up soon

India may soon launch an IP Exchange which will enable inventors, corporations, SMEs, start-ups, entrepreneurs, and other interested parties in India and around the world to buy, sell, license intellectual property rights across sectors. It is likely to be developed under the Ministry of Science and Technology through the National Research Development Corporation (“NRDC”). Countries like United Kingdom and Hong Kong already have their IP Exchanges.

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