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Indian Ipr

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2/16/2014

Intellectual Property creation witnessing steady growth in India: Report - Economic Times

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Alcatel-Lucent launches IP Transformation Center
Septemb er 8, 2009

IN-DEPTH COVERAGE India Intellectual Property Alcatel-lucent Alstom

NEW DELHI: The country's contribution to Intellectual Property (IP) creation is witnessing a steady growth, however, investments in R&D and patent activities in the country are still relatively slow when compared to developed nations, a report says. According to globalisation and market expansion advisory firm Zinnov's study 'Enhancing the IP Quotient in MNC R&D centres', IP creation is witnessing steady growth in MNC R&D centres, but investments in R&D and patent activities in India are still relatively slow.

(A sector-wise analysis…)

The study further said India spends just 1 per cent of its GDP on R&D, while countries like Israel spends 4.2 per cent, Japan 3.7 per cent, US 2.7 per cent and China 2.0 per cent. A sector-wise analysis shows that pharma, biotech and computer technology industries are leading contributors to IP creation in the country. Pharmaceutical and biotech companies alone contribute 30 per cent of the patents filed from India (20072012). In addition, several MNC R&D centres in India are leveraging the increased research focus in universities to co-create and innovate. Bosch, P&G, General Motors, Yahoo, Texas Instruments and Mercedes-Benz are some of the leading organisations sponsoring research on innovation in Indian universities, the report said. "The IP landscape in India is expected to improve with the rapidly evolving ecosystem and multiple opportunities in key growth verticals," Zinnov Engagement Manager Preeti Anand said, adding that "with several top-notch innovations coming from India in the recent past, innovation in India is expected to accelerate driven by combined efforts of all ecosystem players." To strengthen their non-linear strategies, many Indian IT services companies like TCS and Infosys in particular were at the forefront of building strategic R&D alliances with ecosystem partners that include MNCs such as Alcatel Lucent, Hewlett-Packard, Intel, SAP, British Telecom, Alstom, etc., the report said.

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Intellectual Property creation witnessing steady growth in India: Report - Economic Times

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Sort by: Newest | Oldest Akshay kumar (hr) 27 Jun, 2013 03:55 PM Home Minister Sushil Kumar Shinde, admits that the lack of coordination is hampering the rescue work in Uttarakhand. A sense of coordination needs to be maintained within the govt. agencies for efficient and smooth working. Politics should have been kept away at this time. For better coordination, support and Follow Sh. Narendra Modi on Twitter with #NaMo4PM #NaMoForce. bhawana jha (G) 27 Jun, 2013 03:11 PM The UPA government may announce Rs 37,230crore refinery–cum-petrochemical projects soon in Rajasthan.Keeping in mind the economic development and employment generation, the UPA government proposed the project. For economic development,Support and Follow Sh. Narendra Modi on Twitter with #NaMo4PM #NaMoForce.

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