India is presently among 5 best growing financial systems around the globe that has led to huge interest in technically qualified professionals. Based on the National Abilities Development Commission report of March 2009, the interest in skilled manpower is going to be about 83 million by 2015 and 500 million by 2020. The experts labor force that's emerging from India's greater education system frequently cannot find appropriate employment because of an increasing gap between their understanding and real practice and also to limited job possibilities within their fields, combined with low salaries.
Today, the majority of the technical graduates are thinking about alternate career options. You will find numerous alternative career possibilities but in my opinion among the finest choice for technical graduates is incorporated in the area of Intellectual Property. The area of IP covers patents, trade marks, trade secrets, designs along with other creative types of human endeavor. A technical graduate can choose a career of the Patent professional and therefore earn handsomely while finding yourself in its core technical area of great interest in addition to enhance her/his understanding base by focusing on the most recent technology inventions from her/their own area. Kinds of industries getting a great prospect in Patents are Biotechnology, Bioinformatics, Pharmaceutical drugs, It, Chemical, Mechanical, Textile, Automobile, and high Engineering. Career openings within the area of Patents could be directly credited towards the development in many places like IP related work delegate from US to India and patents filed by industry sector each year (both domestic and worldwide).
An individual in area of IP/Patents can be employed in following areas:-
Mergers & Acquisition - IPR Audit
IPR Valuation
Inventory from the Company's IPR
Portfolio Analysis
Financial Confirming
Diligence of Traders
IP Watch
Patent Claim Mappings
R & D Taxation Credit Support
Document Writing
Prior Art Search
Patentability
Patent Application Drafting & Filing
Certification of IPR
Prosecution of patent programs.
An individual seeking work in IP/Patents can be employed in:-
KPOs
Lawyers
Corporate housesProduction models
Government research institutions and colleges
Freelance as patent engineer and patent agent.
The fundamental qualification for an individual to operate within the area of Patents is really a technical degree for example BE. B.Tech., B.Pharma., M.Pharma., M.Tech., MS, PhD. S/He must have seem understanding of his core technical area and dealing understanding of IP/Patent laws and regulations. The individual must have good reading through, writing and analytical abilities to achieve this area. Further, s/he must have understanding & experience with Patent laws and regulations of numerous areas e.g. US, Europe, India, etc.
The issue faced by many people seeking work in area of IP is the possible lack of understanding about good courses within this area. Lately numerous courses in IP happen to be began by different colleges and IP firms. The majority of the courses provided by these Colleges and corporations are generally distance education programs or concentrate on Indian jurisdiction. The Planet Intellectual Property Organization (WIPO) also provides numerous web based classes, which may take for understanding enhancement A few of the Colleges/Institutes running courses in IP are IGNOU, NLU Bangalore, NALSAR Bangalore, IP College Delhi, Indian Law Institute, etc. One very famous & professional training Institute of the nation may be the Global Institute of Intellectual Property (GIIP).GIIP stands in front of others in the truth that it offers learning IP laws and regulations of three areas e.g. US, Europe and India. Its mode of coaching can also be much better than others since it provides both theoretical and practical understanding in regions of patent searching, landscape designs, drafting, filing and prosecution for all of us, European and Indian areas.
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