In 2023, Indian-origin patent filings surpassed foreign filings, accounting for 57% of all filings.
Educational institutions accounted for nearly 43% of patent filings in recent years.
Computer science patent filings rose from 1.27% in 2000 to 26.5% in 2023.
IIT Bombay led nationally with 421 patents granted in 2023-24.
India's R&D expenditure is currently at 0.67% of GDP.
Detailed Insights:
India is shifting from being a consumer to a creator of global technology due to government initiatives like the National Intellectual Property Rights (IPR) Policy and Atal Innovation Mission.
Amendments to patent rules have introduced reforms such as expedited examinations, simplified timelines, reduced application fees for educational institutions, MSMEs, and startups, and full digitalisation of filing and communication.
The share of patent filings from individuals jumped from under 10% in 2000 to around 32% by 2023, while companies' share fell to under 17%.
Initiatives like KAPILA promote IP awareness in higher education institutions, and the Atal Innovation Mission fosters problem-solving skills and entrepreneurship within universities.
Patent processing times have improved from 8-10 years in the early 2000s to 2-3 years in the late 2010s and early 2020s.
Increasing India's R&D expenditure to around 2% of GDP is critical for becoming a global knowledge leader and achieving self-sufficiency in technology.
Key Concepts Involved:
Patent: An exclusive right granted for an invention, allowing the patent holder to exclude others from making, using, or selling the invention [i].
Intellectual Property Rights (IPR): Legal rights protecting creations of the mind, including inventions, literary and artistic works, designs, and symbols [i].
Atal Innovation Mission: A flagship initiative by NITI Aayog to promote innovation and entrepreneurship across schools, universities, and industries [i].