Trends in the Indian Patent Scenario: A Meta-Analysis
DOI:
https://doi.org/10.5530/ctbp.2024.3.41Keywords:
Indian patents, innovation trends, patenting patternsAbstract
This trend analysis delves into the landscape of Indian patents from 2012 to 2022, aiming to identify and evaluate significant trends and changes in innovation. The primary objectives of this research include discerning patenting patterns, exploring innovative domains, assessing the impacts of legislative modifications, and projecting future developments. Through a comprehensive analysis of patent data, it seeks to ascertain prevalent technological domains, key influencing factors, and India’s competitive standing within the global innovation landscape. The report underscores sector-specific patenting trends, placing emphasis on the emergence of new industries such as artificial intelligence, renewable energy, pharmaceuticals, and telecommunications. It illuminates India’s evolving research and development objectives by scrutinizing patent filing rates, trends in technical collaborations, and the country’s participation in the global arena. Additionally, it considers how changes in policy frameworks and regulations may influence patent activities. Our findings reveal a substantial increase in patent applications across various industries, with notable surges observed in technology, pharmaceuticals, and renewable energy sectors. Notably, this analysis underscores the necessity for continual policy support and increased investments in research and development to harness the full potential of Indian innovation. This comprehensive analysis provides strategic insights into future innovation trajectories, contributing to a nuanced understanding of India’s patent landscape over the past decade.