“India's Growing Influence On Innovation: A Comparison With China”

Abstract

Patents have seen significant development globally. Patent is a signal of innovation quality and reliability of any country. Despite having bright minds in India, yet there is not a significant rise in the filing of patents as compared to China, being a leading country in registration of patents. The 2024 WIPO reports India stands as a global player in the world IP landscape. It has stived in all the three i.e. Patent, trademarks and industrial design landscape. Today India has secured a 10^th global position among many countries of the world. The 2024 report shows India as a global IP leader; it has recorded a +15.7% growth in patent application in 2023. The global patent filing has reached its zenith. Yet there is a need to increase the global patent filing. To be one amongst the top three one must have to overcome the challenges which are posed to India. This research exploresthe policy followed by other international countries with special reference to China and the methods adopted by them to be leaders in Patenting. Further the article gives a comparative analysis with the shortfalls faced by India in filing of patents as compared to China. The author has studied the promotion tactics andcompared the IPR patterns adopted by China to promote filing of patents amongst its citizens. This research has enabled the researcher to suggest certain policy to India to become world leaders in patenting.