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Intellectual Property (IP) in India: A Decade of Progress Part 2

BananaIP Counsels > Intellectual Property  > Intellectual Property (IP) in India: A Decade of Progress...

Intellectual Property (IP) in India: A Decade of Progress Part 2

The featured image is of the Lion Capital which consists of the Ashoka Chakra, with a horse and bull on either sides, and an hoisted Indian flag below it. The Lion Capital is the national emblem of India. The image is related to the post as it is a part of the Sinapse Series"Intellectual Property (IP) in India: A Decade of Progress". To read the post click here.

 

The post below gives the statistics of patent filings, grants and revenue generated in India in the past decade.

Intellectual Property is an essential component for the development of a country. Intellectual property rights confer exclusive rights on creators and inventors who contribute to the betterment of the society through their creations in different fields of knowledge. The Intellectual Property systems not only boost the collective knowledge of the society but also escalate its dissemination. In the past few decades, the Indian IPR ecosystem underwent radical transformation.

During 2013-14, 42,951 patent applications were filed. A marginal decrease of 1 .65% witnessed in filing as compared to the previous year. The trends of last 10 years in respect of patent applications filed, examined, granted and revenue generated is given below.

YearTotal FilingsTotal Patent GrantsTotal examinedTotal Revenue generated from patents
2003-0412613246910709 165366982
2004-0517466191114813 407254457
2005-0624505432011569 936428079
2006-0728940753914119 1063417330*
2007-08  352181526111751 1302408136
2008-09368121606110296 1561463824
2009-103428761686069 1426173541
2010-11394007509112081587810509
2011-1243197438011031 1644023224
2012-13436744126122681704784657
2013-14429514227186151882765864

*+USD 770

Except years 2009-10 & 2013-14 the filings are increasing every year, however the grants of patents were highest in 2007-08 and 2008-09.

During the year 2013-14, Patent Office generated total revenue of Rs.189.61 crore, which is ever growing since 2009-10.

 

Read Dr. Kalyan’s note on The Case of Indian Intellectual Property

Image Source/Attribution- here, governed by Creative Commons License CC BY 3.0

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