IPL and Inolyst signs MoU on creating Indian IPs

BANGALORE, INDIA: The Institute of Product Leadership (IPL), India's first Business School for Technology Managers which focuses on Product Leadership and Inolyst, India's leading consulting firm for innovation management and Intellectual Property strategy, signed a Memorandum of Understanding to foster the growth in Intellectual Property creation amongst the product engineers and entrepreneurs in IT industry globally.

The purpose of this MOU is to support the students of Institute of Product Leadership in the area of IP creation by Inolyst experts.

Pinkesh Shah, director of Programs and co-founder, IPL said: "The Intellectual Property Rights (IPR) awareness amongst the product entrepreneurs and senior product professional which was at very low level is gradually increasing off late and also they are getting curious about how it can benefit them in not only choosing to build the right products but building the products the right way.

"The partnership between IPL and Inolyst will create stronger ecosystem support and also more role models and examples of stronger IP driven business model success."

According to the MoU, Inolyst will help all IPL alumni - startup entrepreneurs, product engineering leaders, architects and product managers in filling applications for patents and trademarks besides conducting Webinars & customized Workshops for Institute of Product Leadership's clients focused on Intellectual Property.

IPL participants will also get access to experts at Inolyst for advice, recommendations on IP and Patent related matters. Further, Inolyst will be creating exclusive course list on IP for Product Management Programs (ICPM), Product Architect Programs (ICPA) and Executive MBA programs of IPL.

IPL will be partnering Inolyst as the "ecosystem partner"; in turn Inolyst will be the "IP and Innovation partner" for IPL. The tie-up between IPL and Inolyst is set to take the spirit of entrepreneurship and product development to a new high with access to world-class consultancy.