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Article: India way behind China in filing patent applications.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- June 25, 2008
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India way behind China in filing patent applications
New Delhi, Jun 25 (PTI) India and China might be the competing economic giants globally, but when it comes to innovation, the land of dragon is way ahead, filing nearly seven times more patent applications compared to our country.
According to global research and analytics firm Evalueserve, India filed 35,000 patent applications during the fiscal year 2007-08, whereas China had more than 2.45 lakh applications in 2007.
About 35,000 patent applications were filed at the Indian Patent Office (IPO) during the 2007-08 fiscal year, which is an increase of 21 per cent compared to the previous year. ...