Indias Patent Surge and Tech Specialization: Narrowing the Innovation Gap with Triad Economies

Qayoom Khachoo

IPR, Patent Filings, Catch-up, Technology Specialisation, India JEL Classification: O3, O30, O31, O32

Over the last two decades, India has experienced remarkable growth in intellectual property (IP) filings. According to the World Intellectual Property Organization (WIPO) data, India achieved a global ranking of 7th in patents and 3rd in trademarks in 2018. This accomplishment is significant given the country’s historically low demand for IP protection. The paper delves into detailed analysis of IP adoption trends in India, China, and Korea, emphasizing the structure of patent demand since 1999. It breaks down and analyses available patent data according to patent applications filed by designated countries across various IP systems both international and national, and under various technology classes. Furthermore, the paper explores India's potential to catch up with the triad economies (US, Japan, and EU) in terms of intellectual property rights (IPR) utilization, considering the existing momentum in IP registrations both domestically and abroad.

https://dx.doi.org/10.31873/IJEAS.12.02.03