Patent status on indian perspective

IPRs also allow the partners to more clearly manage the output of collaboration. The patent choice is related with extensive collaborative behaviour maintained by firm. The patent selection provides an opportunity for different collaboration like sales, marketing, technologies etc. For achieving better result in collaboration the firm activate their R&D partnership with third parties. It provides wide scope for patent propensity. The boundaries are defined with help of patents, the boundaries of partnership right examined through patents with respect to background and foreground technologies. The partners bring their knowledge and technologies for the success of collaboration. The collaborative behaviour is attained by the firm through IPR policy. Now India tries to improve their patent status to compete with world economies.