Today the focal point of discussion moved from generic IP issues to another important aspect. How to develop right perspectives and attitudes towards this nascent i.e IPR within the mindsets of organizations: Development of IP strategy. While patents represents intellectual property and have wealth and revenue generating potential ( eg. Google's Search Algorithm) , it must be stressed that not all patents fall to this category. The prime job of IP strategy is to estimate the hidden potential of any patent process either obtaining and maintaining at an institutional level. It includes even the job of weeding out those patents that do not any "perceived" value proposition either now or in the near future.
It was told that recency of IP domain makes it difficult for IP professionals to convince institutions and its governors about its growing importance and making it an integral part of institutional life. The immediacy of IP calls for urgent measures towards this. Later deliberations centered around framing a syllabus for IP course either as an independent course or as a part of an existing management course
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