India continued to rise in the Global Innovation Index (GII) rankings for the second year in succession, after four consecutive years of decline. In this year’s rankings released on June 15 in Geneva, India improved its position from 66 to 60. Year 2016, it had improved from 81 to 66. Its improve…
Tag: World Intellectual Property Organisation (WIPO)
Indian entrepreneurs’ focus on short-term gains turns them into laggards
Only 26,164 patents were granted in India between 2010 and 2014, compared to a staggering 1,275,787 patents in the US, according to the World Intellectual Property Organisation (WIPO). In 2012, 15.5% start-ups in the Silicon Valley had an Indian founder and this number is growing. This highlights…