Intellectual Property is a form of creative endeavor that can be protected through a copyright, trademark, patent, industrial design, trade secret or integrated circuit topography. The intellectual property system is one of the fundamental tool for wealth creation. Intellectual Property are shown to be the emerging currency of the global, knowledge-based economy and the intellectual property audit is a key strategic competitive “weapon” for firms. The term “knowledge capital” refers to intellectual assets which create knowledge into the future through their utilization. “Knowledge capital is intellectual material that has been formalized, captured and leveraged to produce a higher- valued asset”.

The global system of intellectual property rights (IPRs) is undergoing profound changes rapidly. Numerous developing countries recently have undertaken significant strengthening of their IPRs regimes. In this global economy, the creation of knowledge and its adaptation to product designs and production techniques are increasingly essential for commercial competitiveness and economic growth.

Knowledge is a primary determinant of competitive advantage, not only of an enterprise but of nations as well. It has always remained-and will always remain-the single most important factor contributing to every type of development in human society, as it is this capital that enables man to use every other type of capital and resources for his benefit. The growing focus on Knowledge Capital and its productivity is of paramount importance in emerging knowledge-intensive economies like India. It is the lifeline of an organisation.

It may be said that intellectual capital deals with articular, reasonable, knowledgeable and substantial fruits of the mind. It claims intangible (tacit) and tangible (explicit) dimensions, which do not mutually exclude, but actually complement each other. The conversion of knowledge into a valuable asset has come to be known as an intellectual asset or intellectual capital.

“The only thing that gives an organization a competitive edge… is what it knows, how it uses what it knows, and how fast it can know something new.”

Build Knowledge Capital: Invest in knowledge efforts that create long-term competitive advantage, rather than short-term return on investment.

Link Knowledge Areas: Develop conceptual and transactional areas of knowledge within organizations by connecting planning, research, marketing, e-business, and customer relationship.

Drive Knowledge Solutions to Higher Grounds:It is not enough to simply collect information and make it available. The knowledge must trigger business decisions.

A knowledge based economy is one where ideas and technologies are ingredients; intellectual property is the merchandise; people expect smarter products with more convenience and technology leaders fuel the innovation.

Knowledge is the most powerful engine of production. There is a strong link between investment in the research and innovation base of the economy and sustained economic growth. The accumulation of “knowledge capital” will facilitate the evolution of the “knowledge-based” economy. Knowledge capital investment adds to the stock of intellectual property (IP) in the economy.

The Seminar will focus on certain basic and advanced issues relating to intellectual property protection and management for growing business. The seminar program is specially designed to meet the needs of participants such as IP Managers, Engineers and Scientists. The distinguished personalities across the globe will simplify and pinpoint certain issues related to Knowledge Economy in virtual world.