India’s development policy increasingly emphasizes inclusive growth, especially as the country seeks to harness its demographic dividend and achieve the vision of Viksit Bharat 2047. Young people and first-time innovators play a vital role in driving innovation-led growth; however, they often face significant challenges such as limited access to finance, restricted market opportunities, and inadequate legal protection for their ideas.
Intellectual Property Rights (IPR) provide a strong framework to address these issues by safeguarding, recognizing, and enabling the commercialization of creative ideas and innovations. This study examines how a robust and accessible IPR system can enhance innovation participation, reduce entry barriers, and promote inclusive development.
Using a descriptive and analytical methodology based on secondary data, the paper explores the opportunities created by patents, trademarks, copyrights, and geographical indications for young entrepreneurs and grassroots innovators in India. The findings suggest that a well-developed and user-friendly IPR ecosystem can significantly expand participation in innovation, lower structural constraints, and contribute to sustainable and inclusive economic growth.