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...The bad news is that a lot of it is misguided scepticism. IPRs are critical to incentivising innovation, which, in turn, is key to sustaining economic growth and increasing living standards. Scholars around the world have found this statement to hold true based on rigorous empirical testing across a cross-section of countries and time periods. In India, there is still a dearth of evidence-based research that can inform our laws, practice and policymaking pertaining to IPRs. Officials, academicians, industry experts and other commentators continue to debate whether and how strict enforcement of IPRs, and putting in place a more stable and certain IPR regime, can induce economic growth, human development and the overall prosperity of societies. The theme of 2017 World IP Day—which fell on Wednesday last week—was “Innovation: Improving Lives”. ...Live Mint on May 2, 2017, 4:38 a.m.