Sonam Wangchuk, innovator who inspired Aamir’s role in 3 Idiots, wins Magsaysay

Ladakhi engineer and innovator Sonam Wangchuk was on Thursday named among the six winners of the Ramon Magsaysay Award for this year. The 51-year-old was recognised for “his uniquely systematic, collaborative and community-driven reform of learning systems in remote northern India, thus improving the life opportunities of Ladakhi youth, and his constructive engagement of all sectors in local society…

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Protecting innovation in pharma is in Ireland’s interests

In Brussels, the European Commission has tabled a proposal late in its term that would weaken the incentive to produce new medicines and the jobs that come with them. The change, under discussion at meetings this week in Brussels, would mean a shortened patent protection period for new medicines, allowing for copies to be produced by generic manufacturers for export to countries outside the EU.

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Atal Innovation Mission, MyGov launch ‘Innovative India Platform’

Users can view, comment, share, and rate the innovations crowdsourced on the #InnovateIndia platform

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Is there a role for patents in the financing of new innovative firms?

At first glance the answer to the question posed in the title seems obvious, since such firms have few assets other than their ideas and inventions. Therefore, granting property rights to these intangibles would seem to ensure the ability of the new firm to grow without the threat of immediate imitation.

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https://www.worldipreview.com/news/west-to-lose-innovation-race-by-2029-patsnap-report-16331

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West to lose innovation race by 2029

The US, EU and UK are set to lose their innovation leadership positions to China and South Korea by 2029 if they don’t take steps to improve innovation and commercialisation processes.

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Indexing Innovation Globally: Role of Law

Indexing Innovation Globally: Role of Law – It is, of course, the ideal situation to make profit and also let your intellectual property be protected, but in case one of these two has to be sacrificed, intellectual property is chosen for sacrifice

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Indexing Innovation Globally: Role of Law

Indexing Innovation Globally: Role of Law – It is, of course, the ideal situation to make profit and also let your intellectual property be protected, but in case one of these two has to be sacrificed, intellectual property is chosen for sacrifice

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J&J Hit With $4.7 Billion Jury Verdict in Baby Powder Suit

A jury in St. Louis found that Johnson & Johnson should pay $4.69 billion in damages to 22 women and their families who blamed ovarian-cancer cases on asbestos in the company’s baby powder.

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https://www.moneycontrol.com/news/business/companies/sun-pharmas-unit-presses-more-charges-against-biofrontera-in-patent-infringement-case-2702451.html

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The problems with the HECI draft Bill

The draft Higher Education Commission of India (Repeal of University Grants Commission Act) Bill, 2018 (HECI), aims to replace a historical statutory body, the UGC ; push for more government control; and stifle critical thinking on campuses.

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https://www.bloomberg.com/news/articles/2018-07-11/novartis-exits-antibiotics-research-cuts-140-jobs-in-bay-area

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YouTube Announces New Copyright Match Tool To Protect Creators Against Re-Uploads

YouTube has announced a new tool that will help creators take down content that has been copied and re-uploaded by other users. Called the Copyright Match tool, the new feature is designed to scan YouTube and automatically find videos that may have been re-uploaded by other people without the original creator’s permission.

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Fostering innovation: Despite continued growth, India has potential to do a lot better

The Global Innovation Index (GII) rankings, published annually by Cornell University, INSEAD and the UN World Intellectual Property Organisation (WIPO), ranks India at the 57th spot this year-a leap from its 81st position in 2015. The rankings should help policymakers to look at gaps in driving innovation.

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