KIET Group of Institutions in association with Institute Innovation Council Has Organized a One-day workshop on “GRANT & COMMERCIALIZATION OF PATENTS”, to celebrate the occasion of World Intellectual Property Day on 29-04-2023. The eminent Speaker for the workshop was Dr. Vinay Mehta (CEO and Co-founder PoleVault
Technologies Pvt. Ltd.).
The programme commenced with the welcoming of the guest Dr. Vinay Mehta by Hon’ Director KIET Group of Institutions and all participants. A brief presentation highlighting the achievements of KIET and current status of research in KIET was presented by Dr. A. Garg Hon’ Director Sir. A Brief presentation on Patents status in KIET was delivered by Dr.K.Nagarajan. A brief profile of the eminent speaker Dr. Vinay Mehta was shared by sir, highlighting his rich experience and technical expertise in the domain of IP and Technology Transfer.

Subsequently, Dr. Vinay Mehta commenced with the Session-I on “Techno-commercialization” by highlighting some data on India’s statistics as innovative and entrepreneurial nation. He highlighted the know-how on technology transfer and role of technology licensing officer as a catalyst. He emphasized the proper drafting of the multiple claims by looking at the commercialization aspects. He drew the attention of participants to the concept of “Lateral Inventiveness”, which is significant to understand multiple applications of an invention. The technology commercialization procedure was clearly explained with the roadmap of technology transfer. Sir gave many suggestions to enhance such activities in our institute such as Creation of Marketing team, Identification of simple problems etc.

In continuation, Dr. Vinay Mehta took up Session-II on “How to identify the commercial potential of a patent or technology”, in which he highlighted various concepts of Technology Readiness level, Translational research, prototype formation etc. In all it was a great learning experience, with lively interaction between the participants and the speaker.

Around 55 participants (including Deans, Heads of Departments, faculty members experienced in patents filing) attended the Workshop. The session was formally ended by Dr. K. Nagarajan by presenting a Vote of Thanks.