Inolyst To Conduct Webinar Session On Intellectual Property Rights (IPR)

Online, July 1, 2012 (Newswire.com) - Inolyst, in partnership with The Hatch and Startup Village, will be conducting a webinar session on "Basics of Intellectual Property Rights & How to create an IP Strategy" for startups, on Friday, 29th June 2012.

With a vast experience of working and advising many technology startups in India, Inolyst serves as an Innovation Catalyst to emerging innovation based product companies. Inolyst brings together the legal, technical, and business expertise necessary for technology-driven companies to manage their Intellectual Property assets as business assets.

Mr. Dilip Kumar, the founder of Inolyst would be leading this webinar. The session will be very useful for startups of both the early and growth stage companies.

Puneet Vatsayan, Chairman, The Hatch, said, "First time entrepreneurs need significant inputs on the basics of building a business around their concepts. The Hatch, a not-for-profit platform to help startups start up, is committed towards helping aspiring entrepreneurs understand the dynamics of business. Inolyst and Startup Village are excellent partners for our mission of creating better-informed entrepreneurs."

Commenting on this initiative, Dilip Kumar, Founder, Inolyst said, "Entrepreneurship and intellectual property are the two most important drivers for growth; they create a knowledge based economy and provide the foundation for building a nation's competitiveness. Inolyst has a vision to be a catalyst to all such innovative companies and is glad have partners like The Hatch and StartupVillage, who are great supporters of this ecosystem."

IP is a key part of the valuation of a technology startup. Every entrepreneur should understand the importance on having intellectual property and the steps to be taken to assert ownership, to create proof of ownership and to retain ownership for their idea or product. This webinar would cover topics such as the fundamentals of IPR, what are patents, trademarks and copy rights, value additions in patenting an idea or a product, need for trademarks, types of patents, life cycle of patent, key strategies for IP, etc.

Commenting on the group effort on the webinar, Sijo Kuruvilla George, CEO, Startup Village, said, "Startup Village is committed to bridging the gaps in the startup ecosystem in the creation of an entrepreneurial economy. We have identified quality IP consulting, along with angel capital and policy support, as key priorities to strengthen the foundations of our vision of incubating 1000 product companies in 10 years. It's a privilege to be aligned with partners like Inolyst and The Hatch in our shared vision of a new India."