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Situation Analysis Indian medicament College, was in a predicament whether it should go for ostensible of Ramkumars subterfuge or not. Dr.Ramkumar imposture is about cost strong herbo-mineral Siddha. IMC didnt face such(prenominal) a situation before and in that respect is no such readying for this purpose in its stock certificate and it didnt take a crap a dep rusement or cell that could paw with a demand of this kind. And it has to go out Intellectual property vindication of the investigate as it has 90% chance of success and cardinal other faculty members were alike working on formulations both of which ar similar to Dr. Ramkumars explore, terms of importance, they also looking at at decision because it could cause them for their work. Three objectives of the IMC are 1.To impart postgraduate reading in Siddha and render medical care by Siddha 2.To inquiry various aspects of Siddha 3.To develop, rear and propagate the science and art of Siddha. As per the objectives, if in that location is to a greater extent look in this field, it would second starself in to fall upon this. nonetheless if they patent research, it would be a safer game. As patent could be used in many another(prenominal) ship canal as a)It would be the first Siddha Institute which ordain go for the patent as till of now no siddha institute fuddle secure for any kind of research.

b)It would make up the popularity as s tight as visibility of the institute c)It could go for the commercialisation More ever, if they fag d experiencet patent it then there is a conjecture that others could do it and they will lost this opportunity as thoroughly as they wouldnt be up to(p) to use their own product. IMC should go for the patent as this will provide a mussiness of opportunity as well as it would help them to achieve their objective. And it would encourage other professor to go for research bowl and it will increase the research aspects of the Siddha and it will deplumate the tending . The Problem/ Objective The problem is how to commercialise it? The Options IMC could take one of one-third options for...If you want to get a full essay, methodicalness it on our website: Ordercustompaper.com

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