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Situation Analysis Indian Medicine College, was in a dilemma whether it should go for ostensible of Ramkumars subterfuge or not. Dr.Ramkumar invention is about cost effective herbo-mineral Siddha. IMC didnt lay out such(prenominal)(prenominal) a situation before and there is no such provision for this purpose in its fund and it didnt find a crap a department or cellular phone that could deal with a demand of this kind. And it has to ensure Intellectual airscrew protection of the investigate as it has 90% chance of success and two otherwise faculty members were in like manner working on formulations both of which ar similar to Dr. Ramkumars explore, terms of importance, they also looking at decision because it could motivate them for their work. Three objectives of the IMC are 1.To impart postgraduate reading in Siddha and provide medical care through Siddha 2.To inquiry various aspects of Siddha 3.To develop, promote and penetrate the science and art of S iddha. As per the objectives, if there is more enquiry in this field, it would help starself in to achieve this. However if they patent research, it would be a safer game. As patent could be use in many ship canal as a)It would be the first Siddha Institute which will go for the patent as till of now no siddha institute fuddle secure for any kind of research.

b)It would gain the popularity as s tight as visibility of the institute c)It could go for the commercialisation more than ever, if they wear d experiencet patent it indeed there is a conjecture that others could do it and they will lose this opportunity as well as they wouldnt be able to use their own product. IMC should go for the patent as this will ! provide a lot of opportunity as well as it would help them to achieve their objective. And it would encourage other professor to go for research area and it will increase the research aspects of the Siddha and it will deplumate the attention . The Problem/ butt The problem is how to commercialise it? The Options IMC could take one of three options for...If you deficiency to get a full essay, methodicalness it on our website: OrderEssay.net

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