TRENDS IN IPRS IN INDIA WITH A SPECIAL FOCUS ON PATENTS-AN ANALYSIS

This study makes an attempt to analyse the trends in India’s Property Rights (IPRs) with a special focus on Patent rights. Initially, the trends in the applications for IPRs such as Patents, Trademarks, Design and Geographical Indications are examined during the period 2008-09 to 2017-18.The average number of filed applications in trademarks are higher (207349.6) than other forms of IPRs like Designs, Trademarks and GIs during the study period 2008-09 to 20017-18. Further the number of Patent applications filed from 2013-14 to 2017-2018 under major fields of inventions are also analysed. The results reveal that in mechanical and chemical fields significant number of Patent applications are found during the period 2013-14 to 2017-18. Lastly this study also analyse the number of Indian applicants for Patents from Institutes and Universities during the period 2008-09 to 2017-18.The number of applicants from Indian Institute of Technology (all IITs) have significantly increased from 152 to 540 during 2011-12 to 2017-18,.Similarly the number of applicants from Indian Institute of Science(IIS)have constantly grown during the study period from 21 to 58,which indicates more scientific development in India. Finally it is interesting to note that 17 private universities have applied for the patents, which indicates the rapid growth of them during recent decade in India.This study also exposed that the total number of total Indian applicants for Patents from Institutes and universities have significantly increased from 196 in 2008-09 to 1300 in 2017-18.All the conclusions suggest that there is an immense need for further growth of research in science and technology and wide spread expansion of business in all sectors.