Friday, May 9, 2008

bharatentrepreneurship


Three Waves Of Outsourcing


From: Nsichala, 4 minutes ago








SlideShare Link

Funding, IP & Commercialisation

This is a key topic of discussion for the technology entrepreneurs. Though a technology has been created, the credit of the creation is not always given to the inventor; sometimes it is given to the owner.
Sounds confusing!!!
The inventor of a technology is not always the owner of it, who gains profits out of it. It is the person who patents it.
This was the discussion at IIIT Bangalore which held a one day free workshop on May 8th, 2008 focusing on the topic
“Govt Initiatives for Industry Academia Collaboration – Funding, Intellectual Property and Collaboration”.

The workshop opened with the first session on “ GOI Initiatives in Academia Industry Collaboration including entrepreneurship and patent support”, which was addressed by Dr. Garg, Joint Director from Ministry of Communications and Information technology.
Focus points for entrepreneurs while addressing IPRs (Intellectual Property Rights).
1.Require a written IP policy for any process or product to protect innovation within your company.
2.Create an IP Audit before you start a R&D project.
Example: Sasken Communications conducted an IP audit after the R&D project of an anonymous product (which took 2 years to create and incurred Rs.2 crore) and realized that they had infringed 20 patents due to which the product commercialization had to be dismissed.
3.Do IP due diligence – have a checklist.
4.Prioritize patenting needs for budget purpose (cost effective)
5.Look into parameters such as velocity of patenting and patent mapping process.
Challenges faced by entrepreneurs in Patent process
1.Cost involved in IP due diligence is high.
2.IP Infrastructure unavailable.
3.No effective Search system.
GOI Initiatives
1.IPR Promotion Program
2.Trademark Tool: to avoid names with verbal similarities.
3.SIP-EIT for SMEs & Technology Start ups
4.Tide Program
5.Multiplier brand scheme
To know more about these initiatives visit
http://www.mit.gov.in/

Session 2 was presented by Mr. Meenakshi Sundaram and Ranjith Menon from IDG Ventures.
http://www.idgventures.com/
As VCs they focused on the challenges faced by their entrepreneurs, and how patents helped them.
Note to the entrepreneurs: Find a lawyer who can write your IP covering a broader spectrum to create monopoly.
Do not encourage people as employees to carry IP from one company to another; it is unethical. Have a strong written IP policy in the employee contract.

Later Sunil Maheswari, CEO of Mango Technologies (Incubated out of IIM-B) spoke his journey as an entrepreneur and the importance of patents. He emphasized on the support and encouragement received from the GOI.
http://www.mangotechno.com/

Wednesday, May 7, 2008

Where should I go?

Events in May

22 year old MD

Aadith Vikram, 22, MD and Vice Chairman of PGC Industries and Group asks "Where is my boss?"
If you are wondering what this is all about.........well it is about a new portal started by PGC Infotech which offers online live interview between employee and employer.
To know more about his innovations visit
http://www.whereismyboss.com/.
He proudly mentions that 670 companies have shown interest in participating on this portal.
With other major players like naukri, ibibo, monster...we need to wait and watch how far this innovation would go.........

Tuesday, May 6, 2008

Start up Saturday

This month we have a renowed person Ms

Monday, May 5, 2008

Pangea Day

Pangea Day is a global event held on May 10thIST: 11.00 PM to 3.00 AM. It is being celebrated and organised with an objective to remove the differences and borders among people. This is being implemented by hosting 24 films in different languages.
If you also want to be a part of it check out your nearest venue at
http://www.pangeaday.org/aboutPangeaDay.php.

Interested souls gather together.

Startup city Event

This is great opportunity for all VCs and start up firm to know and meet prople from their ecosystem. Thanks to Smart Techie and Silicon India who are hosting a start up show where all start ups would showcase their companies and have a chance to meet few of the top most VCs in the country.
Time: 9.00 AM to 6.00 PM.
Day: May 24, 2008
Venue: Nimhans Covention Center, Bangalore
Registration Free.
To know more visit
http://www.thesmarttechie.com/startupcity/

Entrepreneur Addas in Bangalore

For all entrepreneurs who want to network more and meet more like minded people... here are a few virtual places which would help you guys.
Barcamp Bangalore
Bangalore Dotnet group
Dev Camp
SPIN
Computer Society of India
Coffee Club House
Nokia Forum India

You could google the rest for the respective links.

Explore India

google maps gazetteer