Scheme brief of a new system of Intellectual Property Management

1/ Establishment of a universal agency which "owns" all the IP
produced till date. Existing IP rights granted to
individuals/companies should be taken back (or allowed till a finite
time use and then taken back) and handed over to this agency. This
agency should promote research and fund them from the finance received
from the license fees received as stated below. Country wide offices
(in each state and UT) of the same.

2/ The inventors/discoverers/researchers should be identified under
the inventor/discoverer category. Promoters/ Funders should be listed
under a promoter category.

3/ Identification of all dependent IP and maintenance of a hierarchy
to identify what all IP (at the lowest level onwards) the existing IP
is based on.

4/ For granting licenses to use any IP, license fee slabs should be
created based on the volume of commercial activity. a free slab too
should be incorporated for promoting innovation and not inhibiting for
the fear of infringements.

5/ Time based usage of license should be eliminated where applicable.

6/ Transfer of patents and patent portfolio selling should be
prohibited. (The above system will automatically remove this from the
system)