Patent clearance slower in India, says scientist
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A leading Scientist working with the Tata Consultancy Services (TCS), Dr Hiranmay Ghosh, on Friday said that the pace of clearing patents in India was slower than in developed countries like the US.
Speaking with Chandigarh Newsline on the sidelines of the Destination IT event here on Friday, Ghosh said that it takes a longer time to clear the patents here. "The time taken is much higher here. It takes 6-7 years to clear the patents in India while in countries like US it takes only 2-3 years," he said.
He also added that despite the difficulties in the clearance of intellectual property (IP)-led businesses in India, the innovation is driving the businesses in the country.
"Not only are big companies focussing big time on innovations but the academic institutions are also turning into big time incubation centers working on the innovations," he said. Ghosh said that companies are focussing on IP business in the multimedia system in education and that it is driving the growth in different sectors.