— Creative india, innovative indiA ASSOCHAM - 4th International Conference on Intellectual Property Rights OCTOBER 2016
India – research output Research activity in India is growing at a much higher rate than many developed and most BRICS countries Scholarly Articles Research Growth (Articles in Thousands; 2011-15 CAGR) 1% 15% 1% 6% 4% 4% Source: Web of Science
India – innovation output India demonstrates one of the highest growth rates in domestic patent publications in the world; transportation fastest growing area Patent Growth (2011-15 CAGR) Patent Focus Published In India Granted In India Granted in US China 25% 19% 24% India 17% 3% 28% Brazil 12% 0% 11% USA 6% 7% - Russia 4% Japan -2% -3% Source: Thomson Innovation; Derwent World Patent Index
India – innovation drivers Concerted efforts from all stakeholders in the research and innovation community is needed to accelerate innovation Innovation focus IP Protection, monetization Collaboration Industry Academia Patent Office Research Focus Collaboration- Industry, Global Enhance Speed Positive Policy Government Funding Academic policy
India – IPR Policy considerations New IPR Policy is quite thorough; incorporating some global best practices will enhance the quality of execution Enlist Industry participation Partner with major patent offices to learn from their evolution Drive operational efficiency Automate non-essential tasks Deploy IP analytics to accelerate/inform decisions IP Awareness IP Offices Offer incentives on patent grants Set guidelines for translation of research to IP Set guidelines for licensing Encourage tech transfer offices and outreach efforts Circulate global success stories as case studies IP Generation Commercializati on