Global Intellectual Property Index: India’s Ranks 44 out Of 50
India: Patent Examination/Grant process gains momentum in the fiscal year 2017
Global Intellectual Property Index: India’s Ranks 44 out Of 50
In the 2018 Global Intellectual Property Index, (hereinafter referred to as ‘GIPI’) India has secured 44th position out of 50 countries – a jump from 43rd of 45 economies in 2017. This year India has managed to perform slightly better in the annual International IP Index. The improvement was expected to happen due to better protection for trademarks and copyrights and easier rules to patent computer-related innovations. India scored 12.03 out of 40 and its scores have increased to 30% in comparison to last year’s 25% i.e. a significantly 5% jump.
In an interview to BloombergQuint, Patrick Kilbride, vice-president of GIPC, said that ‘For the first time, India has broken free of the bottom 10 percent of economies measured. Compared with 25 percent (8.75 out of 35) of the possible total score in the fifth edition, India scored 30 percent (12.03 out of 40) in the sixth edition, representing the largest percentage improvement of any country measured.’
The ‘Guidelines on the Examination of Computer-Related Inventions’ issued in July, 2017, strong performance in new indicators and improved technological environment have all impacted positively on the rankings this year. However, there are still some grey areas on which the nation plans to work this year. These areas are unnecessarily prolonged, lengthy pre-grant opposition proceedings, inadequate IP protection given to Life Sciences, limited framework for protection of life sciences, Compulsory licensing, limited participation in international treaties, etc.
STATISTICS FROM 2018 GIPC REPORT
TOP 5 COUNTRIES IN INTERNATIONAL IP INDEX [1]
INDIA
He further added that while overcoming the pendency, several prominent measures have been taken to streamline the patent process in India and make it more user friendly.
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[1]http://www.theglobalipcenter.com/wp-content/uploads/2018/02/India.pdf
India: Patent Examination/Grant process gains momentum in the fiscal year 2017
Source:www.cipam.gov.in
Centre for IPR Promotion and Management (CIPAM), the other day reported that the Indian Patent Office has observed a dramatic push upwards over the previous years with regard to patent examination(s) and grant process.
The process of patent examination and grant has been more streamlined due to recruitment of more patent examiners with the Indian Patent Office (IPO) and the objective of the Department of Industrial Policy and Promotion is to bring down the average time taken to grant patent within 18 months from the current norm of 5-7 years.
As per the below figures published by the Centre for IPR Promotion and Management established within India’s Department of Industrial Policy and Promotion (DIPP), the numbers display that although the filing of patent application has gone down a little, there has been a massive improvement in the number of patent examinations conducted, patents granted and the overall disposals by the IPO.
This significant move of the IPO shall remove the significant backlog of the patent office which was estimated to be around 2 lakhs patents applications during the previous years and also transform the outlook of the patent office among major patent owners.
Source:https://www.lexology.com/library/detail.aspx?g=a178e7a4-7153-
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