• Fundamental Flaw: Assumption that more IP translates to more innovation.
  • IP as Means, Not End: Fails to appreciate IP as a tool, not an end in itself.
  • Knowledge Flow: IP may not work well in certain technology sectors where free knowledge flow is better.
  • Informal Economy: Superimposing formal IP regime in informal economy may do more harm.
  • Public Domain: Apprehension about enlargement of protection to objects in public domain.
  • Lack of Specifics: Policy lacks specifics and may not be enough to foster innovation.
  • Contradiction with Patent Law: Contradicts philosophy of “minimalism” in Indian patent law.