Thursday, March 13, 2008

Where is INDIA wrt Patents ??


Though Indians have made their way to the Top 10 Richest of the world listed by Forbes , India is still lagging with respect to Research and Development (R&D) though most people disagree this, it is a fact !!!

Last year about 8000 papers were submitted for Patents from India of which only 2000 were approved but our neighbouring country China has applied for 1,80,000 patents which 90,000 were approved.

On an average companies like Intel and Microsoft alone apply for some 2000 patents an year !!!

Why is India lagging behind....

we simply can't say that India does'nt have brains

Whom should we blame for this ??

Is it like Research is going on but still people aren't applying for patents ..

What ever but India needs to get out of this situation as soon as possible

Labels: India wrt Patents , Number of patents india applied , India and Patents

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