The "National Intellectual Property Rights (IPR) Policy" aims to foster creativity and innovation in India, which of the following is a key objective of this policy?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. To create public awareness about the economic, social, and cultural benefits of IPRs.
The National Intellectual Property Rights (IPR) Policy, adopted by the Government of India, lists "IPR Awareness: Outreach and Promotion" as its first and foremost objective. The goal is to create a "Creative India; Innovative India" by educating the public, students, and entrepreneurs about the importance of protecting their inventions and creations. By fostering a culture of respect for IPR, the policy aims to stimulate domestic innovation, enhance the commercial value of intellectual assets, and integrate India more effectively into the global knowledge economy.