India's first IP legislation was passed in colonial India when the first patent law was introduced by Act VI of 1856. Globalization and the convergence of economies have reformed business strategies, with innovation being highlighted as an important tool for economic progress. The Indian IP ...
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This has led to a realignment of businessstrategies by firms in these sectors in order to face the challenges thrown up by the changingregime, as companies which enjoyed protection under Indian IP laws will have to adapt toIndia's accession to WTO (TRIPS) norms in 2005. At the same time,...