Patenting: Global Trends and India

Mnisha Shoor


Patents are  an excellent source of information and give exclusive rights to the inventor for a specific period to appropriate research benefits. It is particularly beneficial for the developing countries like India that have low R&D investment intensity.  The patent reform of 2005 introduced product patents in all fields of science, including pharmaceuticals, drugs, chemicals and agriculture that were not under product patent regime earlier. Protection and commercialisation of patents encourage knowledge creation, innovation and contribute to higher productivity growth.  In this paper, we have analysed the trends in patenting activity in different fields  in India as well as global patenting trends.

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