Increased R&D spending and other initiatives can help India project itself as a strong China-plus-one contender in trade talks
India reported a 15.7 percent growth in the number of patents filed in 2023 at 64,480, a report by World Intellectual Property Organisation has said
The faster we adopt it to improve the outcome of our work, the better we will do, the minister added
Our daily TLDR of important AI news you should know about.
Last year, Huawei spent $23 billion on research and development, with 114,000 staff, 55% of its total, working on research.
The company plans to cater to the e-commerce, food and beverage, FMCG, and medical product delivery segments.
The government stepping in to fix a ceiling for off-patent drugs is a sign that competition in the market isn't working
India jumped six spots to be ranked 40th in this year’s edition of the index.
The patents filed entail a diverse range of innovations and developments in traditional and new energy powertrain technologies, safety, connected vehicle technologies, body in white (BIW) and trims along with other vehicle systems, Tata Motors said in a statement.
New Delhi, May 16 Agro-chemicals firm Insecticides India Ltd (IIL) on Monday said that it has secured patents for two novel agrochemical compounds ..
Filing of patents has increased by more than 50 percent in seven years, taking India’s ranking in the Global Innovation Index up to 46 in 2021 compared to 81 in 2015-16
In 2020-21, Indian residents made up 40 per cent of the total applications, up from 20 per cent in 2010-11
A consistent push to simplify patent filings by reducing fees and digitising them have led to a major rise in patent filings in India. But most applications are still from foreign entities.
The waiver could build on the existing system for compulsory licensing of patents and extend that to trade secrets and knowledge. The negotiations around access to HIV/AIDS medicines in the 1990s ended up with a similar framework.
Over 80 percent of these patents filed were related to applications pertaining to Industry 4.0 with the healthcare and automobile industry leading the way, the report said, adding that 70 percent of the patents came from multinational corporations (MNCs), and 7 percent were filed by startups.
Patents assume more significance as digital transformation becomes an important business decision.
UN World Intellectual Property Organisation Director General Francis Gurry expressed his concern about countries increasingly becoming more protectionist.
Drug major Dr Reddy's Laboratories had received an unfavourable ruling in a US court regarding a patent infringement case over anti-nausea injection Aloxi.
With the government taking steps to promote intellectual property rights, filing of patents by Indians have increased by about 2 percent to 8,273 during April-November this financial year.
Upstart smartphone maker Xiaomi has bought nearly 1,500 patents from US technology giant Microsoft, the companies and reports said, as part of a "global partnership" that will help the Chinese firm expand outside its home market
The Intellectual Property Rights (IPR) policy will not only incentivise entrepreneurship and innovation in the country, but will aid in the conversion of copyrights and patents for commercial use, Commerce Minister Nirmala Sitharaman said
No pharma company is taking up patent issues with the WTO as they are looking to sort out the issue through treaties, says Kewal Handa, Former MD of Pfizer.
The committee also said the department does not have a mechanism to maintain data on patents filed or granted and emphasised on "galvanising" efforts to improve its performance.
The company with Real Image Media Technologies have arrived at an agreement on mutually acceptable terms, which settles all disputes between the parties.
The US government has put India in the "priority watch list" under the special 301 report that it releases annually, according to an AFP report. If the report is accurate this will be third year in a row India finds itself in this list - along with Russia and China.