Expert Lecture on "IPR as a Career" by Prof. (Dr) Umesh Banakar at LCIT College of Commerce and Science, and Department of Legal Studies

LCIT College of Commerce and Science, and Department of Legal Studies had the privilege of hosting a distinguished academic and expert, Prof. (Dr) Umesh Banakar, President Banakar Consulting Services, Westfield, Indiana USA for an enlightening lecture on the topic of "Intellectual Property Rights (IPR) as a Career." The lecture was organized on 24th August 2023 and aimed to provide students with insights into the dynamic field of intellectual property and its career prospects.

Dr. Umesh Banakar, a renowned authority in the field of law with a specialization in intellectual property, shared his vast knowledge and experience with the students. The lecture was attended by faculty members, students, and professionals interested in understanding the multifaceted dimensions of IPR.

During the lecture, Dr. Banakar covered a range of topics:

• Understanding Intellectual Property: He provided a comprehensive overview of the various forms of intellectual property, including patents, trademarks, copyrights, and trade secrets. Students gained insights into the significance of intellectual property protection in fostering innovation and creativity.
• IPR Career Pathways: Dr. Banakar delved into the diverse career opportunities available in the field of intellectual property. He highlighted how professionals with expertise in IPR can contribute to industries such as law firms, technology companies, research institutions, and government organizations.
• Role of IPR in Business: The lecture emphasized the role of intellectual property in driving business strategies and enhancing competitiveness. Dr. Banakar shared real-world examples to illustrate how companies leverage their intellectual assets for growth and market positioning.
• Global Perspectives: Considering the international nature of intellectual property, Dr. Banakar discussed the importance of understanding global intellectual property frameworks and the role of international organizations in harmonizing IPR laws.
• Interactive Session: The lecture was followed by an interactive session where students had the opportunity to ask questions and seek guidance from Dr. Banakar. His insightful responses provided clarity on various aspects of pursuing a career in the field.

Dr. Archana Shukla, Principal at LCIT College of Commerce and Science, expressed gratitude to Dr. Banakar for sharing his expertise and inspiring students to explore the promising realm of intellectual property rights. The college remains committed to offering such enriching opportunities that bridge the gap between academia and industry.

Dr. Banakar's lecture on "IPR as a Career" was undoubtedly a valuable addition to the academic calendar, empowering students to make informed decisions about their career paths.