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Intellectual Property Assets
in theIITM Innovation
Ecosystem
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
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