Academic Entrepreneurship a Strategic Framework for Indian Sponsored Technical Institutions for Patent Commercialization

Abstract

Over the past decade, the academic sector in the Indian subcontinent has garnered significant global attention due to a rise in patent filings, largely driven by various initiatives from the Government of India (GoI). These initiatives include subsidizing patent filing fees for academic institutions, accelerating the processing of pending patent applications through increased hiring of patent examiners, and incorporating patent filing counts into university rankings, among others. However, Indian centrally sponsored technical institutions (CSTIs) lag considerably in academic entrepreneurship for patent commercialization compared to global leaders or developed countries. This study aims to identify the challenges and propose a well-defined patent commercialization model for CSTIs based on last 20 years patent portfolio. The study presents three key findings: 1. An analysis of challenges and issues in CSTIs' patent portfolios over the past 20 years, 2. A proposed patent commercialization modular framework, and 3. A step-by-step implementation plan for the proposed model using a technology cluster from CSTIs.