Building a Design Economy in India
28 Pages Posted: 25 Sep 2017
Date Written: February 22, 2016
This paper finds that, India has design capacity in the number of patents granted that is approximately 3 percent of China and less than 2 percent of the U.S.A. India has industrial design capacity that is approximately 1 percent of China and 6 percent of the U.S.A. Historically, non-resident entities have been granted the most number of patents within India. Since 2012, more patents have been granted to Indian entities abroad than the number of patents granted by the Indian government to either resident or non- residents entities within India. While in India and the U.S.A. the most number of patents are annually granted to non-resident entities, in China the most number of patents have been granted to resident Chinese entities in all years since 2008. Among the broad economic factors that affect design economy in India, the role of higher education, FDI, digital connectivity, infrastructure and trade have been identified as the most important.
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