Thomson Reuters Releases 2013 State Of Innovation India Report

New Delhi:The Intellectual Property & Science business of Thomson Reuters, the world's leading source of information for businesses and professionals, unveiled the results of its analysis of patent activity for inventions originating in India in a 2013 State of Innovation India report. This information was made publicly available at the recent Innovation Awards 2013 ceremony the company held acknowledging India’s top innovators.
Using data from the Thomson Reuters proprietary Derwent World Patents Index, the world’s most trusted, authoritative source of patent information for 50 years, analysts uncovered that the largest sectors of innovation activity by Indian companies are Pharmaceuticals and Transportation. Computing & Control and Communications, which ranked second and third following Pharmaceuticals and before Transportation in total volume, respectively, have a mix of domestic and foreign (non-Indian) patent owners.
The most prevalent area of India innovation overall is in organic Pharmaceuticals. This technology area comprises 54 percent of the entire Indian Pharma sector with 1,065 unique inventions in 2012. Computers was the next most prolific area, representing 82 percent of the Computing & Control technology area with 949 patents/published applications. Pharmaceutical Natural Products & Polymers was the next most active, with 500 inventions, followed by Telephone & Data Transmission Systems, part of Communications, with 462 unique innovations.
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