You’ve come up with a spectacular invention, and you’re too excited to see your product hit the shelves in supermarkets across the country; folks waiting in the ques to get a hold of your product; sounds like a dream come true right? But wait, you can’t just release it without proper protection, or else some random person might end up rolling out cheap counterfeits or knock-offs of your products, and the worst part is yet to come! You won’t be able to do anything about the imposters if your product is not patent-protected, and the imposters will keep on reaping hefty profits at the cost of your hard work. For instance, remember when smartphone manufacturers released their first smartphones with in-display fingerprint scanning technology. Ever wondered why this technology is only limited to a few brands? While other brands also want to provide the same technology in their smartphones are either helplessly spectating or pumping resources into R&D to come up with something even more promising; it’s because they’re patent protected.
As a thumb rule, the total number of patents applied by any entity is often used as a metric of innovation, where a higher number is indicative of a healthy research environment; it’s also applicable if you want to gauge any university’s research output. Every year, the Department for Promotion of Industry & Internal Trade, Government of India, ranks universities based on the number of patents applied, and 2022 turned out to be a golden year for the entire Lovely Professional University family. While on one side, Lovely Professional University‘s Chancellor, Mr. Ashok Mittal, is elected as a member of parliament in India‘s Upper House, on the other end, Lovely Professional University is ranked #01 in India for the number of patents applied by an academic institute!
With that, Lovely Professional University stands tall in a league of its own this time around, leaving behind not a few but all the IITs in the country. Even if we unify all the IITs in the country with all their patent filing pooled, Lovely Professional University stand-alone would still rank #02 in the country; that’s how the maths plays out!
At Lovely Professional University, we’re delighted to be recognized by the Controller General of Patents, Designs & Trade Marks (CGPDTM), often regarded as the Indian Patent Office directed by the Department for Promotion of Industry & Internal Trade governing the Indian Law of Patents, Designs & Trade Marks. Thanks to all the Vertos, faculty members, and researchers for setting this majestic benchmark and climbing the ladder to excellence!
