{"id":32117,"date":"2024-11-13T18:10:58","date_gmt":"2024-11-13T12:40:58","guid":{"rendered":"https:\/\/www.nextias.com\/ca\/?p=32117"},"modified":"2024-11-13T18:10:59","modified_gmt":"2024-11-13T12:40:59","slug":"world-intellectual-property-report-2024","status":"publish","type":"post","link":"https:\/\/www.nextias.com\/ca\/current-affairs\/13-11-2024\/world-intellectual-property-report-2024","title":{"rendered":"World Intellectual Property Report 2024"},"content":{"rendered":"\n<p><strong>Syllabus: GS3\/ Science and Technology<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Context<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>India has secured in the top 10 countries for<strong> patents, trademarks, and industrial designs,<\/strong> according to the World Intellectual Property Organization (WIPO) 2024 report.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key Highlights<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Patent Applications: <\/strong>India recorded a <strong>15.7% growth<\/strong> in patent applications in 2023, the fastest among the top 20 global IP economies.<\/li>\n\n\n\n<li><strong>Industrial Designs:<\/strong> Applications in industrial designs increased by <strong>36.4%, <\/strong>showcasing a focus on creative and manufacturing sectors.<\/li>\n\n\n\n<li><strong>Trademark Filings: <\/strong>\u00a0India ranked <strong>4th globally<\/strong> in trademark filings, with a 6.1% increase in 2023.<\/li>\n\n\n\n<li><strong>Global IP Trends: <\/strong>Resilience in IP Filings: A total of 3.55 million patent applications were filed globally in 2023, up by 2.7% from 2022.\n<ul class=\"wp-block-list\">\n<li>The growth was primarily driven by Asian countries, with India, China, the United States, Japan, and South Korea leading the increase.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-background\" style=\"background-color:#ebecf0\"><tbody><tr><td><strong>What is Intellectual Property?<\/strong><br>&#8211; Intellectual property (IP) refers to <strong>creations of the mind,<\/strong> such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce.<br>&#8211; <strong>IP is protected in law by patents, copyright and trademarks, <\/strong>which enable people to earn recognition or financial benefit from what they invent or create.\u00a0<br><strong>Types of intellectual property<\/strong><br>&#8211; <strong>Patent: <\/strong>A patent is an exclusive right granted for an invention, which is a product or a process that provides, in general, a new way of doing something, or offers a new technical solution to a problem.\u00a0<br>&#8211; <strong>Copyright:<\/strong> It is a legal term used to describe the rights that creators have over their literary and artistic works.<br>&#8211; <strong>Trademark:<\/strong> It is a sign capable of distinguishing the goods or services of one enterprise from those of other enterprises.\u00a0<br>&#8211; <strong>Industrial design: <\/strong>It constitutes the ornamental or aesthetic aspect of an article.<br>&#8211; <strong>Geographical indications and appellations of origin<\/strong> are signs used on goods that have a specific geographical origin and possess qualities, a reputation or characteristics that are essentially attributable to that place of origin.\u00a0<br>&#8211; <strong>Trade secrets<\/strong> are IP rights on confidential information which may be sold or licensed.\u00a0<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>India\u2019s initiative\u00a0<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>National IPR Policy 2016 <\/strong>encompassing all IPRs into a single vision document setting in place an institutional mechanism for implementation, monitoring and review of IP laws.\n<ul class=\"wp-block-list\">\n<li>The policy encourages innovation and creativity by providing stronger protection and incentives for inventors, artists, and creators.\u00a0<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Cell for IPR Promotion and Management (CIPAM):<\/strong> It has been set up to coordinate the implementation of the National IPR Policy.<\/li>\n\n\n\n<li><strong>National Intellectual Property Awareness Mission (NIPAM), <\/strong>a \ufb02agship program to impart IP awareness and basic training in educational institutes.<\/li>\n\n\n\n<li><strong>Scheme for Facilitating Startups Intellectual Property Protection(SIPP):<\/strong> it is introduced to foster innovation and entrepreneurship by providing a supportive ecosystem for startups to protect and manage their IP assets.<\/li>\n\n\n\n<li><strong>Atal Innovation Mission (AIM): <\/strong>It was set up by <strong>NITI Aayog in 2016 <\/strong>\u00a0to promote a culture of innovation and entrepreneurship in India. AIM has created <strong>four programs<\/strong> to support these functions:<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Atal Tinkering Labs<\/li>\n\n\n\n<li>Atal Incubation Centers<\/li>\n\n\n\n<li>Atal New India Challenges and Atal Grand Challenges<\/li>\n\n\n\n<li>Mentor India.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Concluding remarks<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>India\u2019s impressive IP growth, marked by significant advancements in patents, industrial designs, and trademarks, underlines its commitment to fostering innovation and reinforcing its global economic presence.\u00a0<\/li>\n\n\n\n<li>This momentum supports India&#8217;s broader goals of economic expansion and innovation-driven development.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-background\" style=\"background-color:#fff2cc\"><tbody><tr><td><strong>World Intellectual Property Organization (WIPO)<\/strong><br>&#8211; It is a <strong>self-funding agency of the United Nations, <\/strong>that serves the world\u2019s innovators and creators, ensuring that their ideas travel safely to the market and improve lives everywhere.<br>&#8211; <strong>History:<\/strong> WIPO was established in <strong>1967<\/strong> by the<strong> WIPO Convention.<\/strong>\u00a0<br>&#8211; <strong>Members:<\/strong> The organization has <strong>193<\/strong> member states including both developing and developed nations like India, Italy, Israel, Austria, Bhutan, Brazil, China, Cuba, Egypt, Pakistan, the U.S. and the U.K.<br>1. India joined WIPO in <strong>1975.\u00a0<\/strong><br>&#8211; <strong>Headquarters:<\/strong> Geneva, Switzerland.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/ddnews.gov.in\/en\/wipo-report-highlights-indias-strong-position-in-patents-trademarks-and-industrial-designs\/\" target=\"_blank\" rel=\"noopener\"><strong>DD NEWS<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>India has secured in the top 10 countries for patents, trademarks, and industrial designs, according to the World Intellectual Property Organization (WIPO) 2024 report.<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-32117","post","type-post","status-publish","format-standard","hentry","category-current-affairs"],"acf":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/32117","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/comments?post=32117"}],"version-history":[{"count":1,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/32117\/revisions"}],"predecessor-version":[{"id":32118,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/32117\/revisions\/32118"}],"wp:attachment":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/media?parent=32117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/categories?post=32117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/tags?post=32117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}