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Intellectual Property Assets in the IITM Innovation Ecosystem

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Page 1: Intellectual Property Assets in the IITM Innovation Ecosystem · Ecosystem. Indian Patent Applications 600 Invention Disclosures Received 827 International filings 250 ... Industry

Intellectual Property Assets

in theIITM Innovation

Ecosystem

Page 2: Intellectual Property Assets in the IITM Innovation Ecosystem · Ecosystem. Indian Patent Applications 600 Invention Disclosures Received 827 International filings 250 ... Industry

Indian Patent Applications 600

Invention Disclosures Received 827

International filings250

(includes 78 PCT)

Indian Patent Grants139

International Grants43

IITM’s innovation efforts have resulted in a robust patent inventory.Status as of March 2016

▶ Nano-technology ▶ Mobile & Wireless Technology ▶ Clean Energy ▶ Fuel Cells ▶ Sensors ▶ Testing Equipment ▶ Robotics ▶ Medical Devices &

Drug Delivery Systems ▶ Assistive Devices for

Differently-abled ▶ Others

Areas covered

Sample Case — Application of Nano Technology to water treatment

IP Licensing to NanoholdingIndian 14

International 8 PCTs 64 National entries (16 countries)

Stake in “Inno Nano” incubator

IITM Funding: ` 15 LFunding by Nanoholding: ` 5 Cr

Licensing revenues ` 1 Cr & future royaltiesValuation of Company: around ` 250 Cr (IITM Holding 5%)

}

Research Focus July 2015

PapersPhDs 212MS 157

ProjectsM Techs 463Dual Degree 326B Techs 382

2015-16

87Indian patent applications

per year

2011-12

34 Indian patent applications

per year

Future

100 Indian filings per year

60 PCT/National phase filings

IP @ IIT M Trends

Vision

Industry Licensing

Block Buster

Start-upsPortfolio of

IP Assets

0 50 100 150

Others

Asia

EPC

US

PCT

Indian

Page 3: Intellectual Property Assets in the IITM Innovation Ecosystem · Ecosystem. Indian Patent Applications 600 Invention Disclosures Received 827 International filings 250 ... Industry

http://alumni.iitm.ac.in/wp-content/uploads/2016/05/IntellectualPropertyAssets.pdf

Annual Patent filing cost (` in Crores)

COUNTRY FILINGS COST per filing (`) TOTAL COSTS (` Cr)INDIA 100 80,000 0.80PCT 20 2,50,000 0.50USA 15 6,50,000 0.97EPO + 2 Countries 8 10,00,000 0.80ME 3 12,00,000 0.36ASIA E 8 10,00,000 0.80ARIPO + 2 Countries 2 5,00,000 0.10AUSTRALIA, CANADA, etc 2 6,50,000 0.13Total to Filing 4.50

Five year funding estimates (` in Crores)

Year 2016-17 Year 2017-18 Year 2018-19 Year 2019-20 Year 2020-21Filing costs 4.5 5.0 5.5 6.0 6.75 10% inflationProsecution for Grant Indian & National 0.5 1.0 2.25 2.5 3.0 EstimatesMaintenance of Granted patents 0.25 0.5 1.25 1.25 1.5 Fees on Granted patents

Infringement Monitoring / litigation 0.5 0.6 0.9 1.0 1.0 Provision – 10%Marketing, allied costs 0.5 0.6 0.9 1.0 1.0 Retainer fees, etc – 10%Total Annual Cost 6.25 7.7 10.8 11.75 13.25IIT M Funding 1.0 1.5 1.5 2.0 2.0 Primarily for Indian filingCost sharing 1.5 2.0 3.0 3.0 3.5 30% sharingLicensing revenues 1.5 2.0 3.0 3.0 3.5Short-fall 2.25 2.2 3.3 3.75 4.25

Sponsorship

Prof. R. NagarajanDepartment of Chemical Engineering,Dean, International & Alumni Relations,IIT Madras, 2nd Floor, IC & SR Building,IIT Madras Campus, Chennai 600036.Phone: +91 9444008390 | E-mail: [email protected]

Mr. M. SubramanianCEO, Development Office,IIT Madras Alumni Charitable Trust,2nd Floor, IC & SR Building,IIT Madras Campus, Chennai 600036.Phone: +91 9840029370 | E-mail: [email protected]

` 15 Crores at

` 3 Crores per year

$ 2.25 mn at

$ 450,000 per year