The Hindu Analysis 01 January 2025 | Newspaper Editorial Analysis | Current Affairs Today in Hindi

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🔥🏆🥇Mains Answer Writing Practice (❤️दिल चाहे बस लिखते ही जाए✍️)

📌📌 #QuestionNo_523 🔴 UPSC 2024 🟢GS 03 👉 Q. 05.

What is the present world scenario of intellectual property rights with respect to life materials? Although, India is second in the world to file patents, still only a few have been commercialized. Explain the reasons behind this less commercialization. (Answer in 150 words)
जीवन सामग्री के संबंध में बौद्धिक संपदा अधिकारों का वर्तमान विश्व परिदृश्य क्या है? हालाँकि, भारत पेटेंट दाखिल करने में दुनिया में दूसरे स्थान पर है, फिर भी केवल कुछ का ही व्यावसायीकरण किया गया है। इस कम व्यावसायीकरण के पीछे के कारणों की व्याख्या करें। (उत्तर 150 शब्दों में दें

The Key Demand of the Question

✅Introduction: Give a brief introduction and overview of the Present World Scenario of IPRs on Life Materials. (40 Words)

✅Body (Main Part): (170 Words)

✅Present World Scenario of IPRs on Life Materials
🔴Divergent Patent Policies
🔴Monopolization of Life Forms
🔴Resistance to Essential Life Material Patents
🔴Mandated Minimum IPR
🔴Free Innovation Advocacy

✅Reasons for Low Commercialization of Patents in India
🔴Limited Tech Transfer
🔴Scarce Venture Capital
🔴Complex Approval Process
🔴Focus Over Commercialization
🔴Lack of Commercialization Infrastructure
🔴Dominance of Multinational Corporations

✅Way Ahead to Improve Commercialization of Patents in India

🔴Effective Collaboration
🔴Simplify Approvals
🔴Incentives and Subsidies
🔴Educating Innovators
🔴Develop Commercialization Infrastructure

✅Conclusion: Conclude by mentioning that the Strengthening the innovation ecosystem requires increased investment and streamlined processes to bridge the gap between research and market application. (40 Words)