{"id":1151,"date":"2020-03-09T04:12:29","date_gmt":"2020-03-09T04:12:29","guid":{"rendered":"https:\/\/sagaciousresearch.com\/blog\/?p=1151"},"modified":"2023-04-05T10:58:16","modified_gmt":"2023-04-05T10:58:16","slug":"lpu-emerges-leading-patent-enthusiast-amongst-indian-universities","status":"publish","type":"post","link":"https:\/\/sagaciousresearch.com\/blog\/lpu-emerges-leading-patent-enthusiast-amongst-indian-universities","title":{"rendered":"LPU Emerges as a Leading Patent Enthusiast Amongst Indian Universities"},"content":{"rendered":"\n

Universities and Institutes are considered to be the most important foundation for growth of any country. It is the place where most of the basic ideas lead to researches and converted into inventions. Meanwhile, the Intellectual Property Rights (IPR) gives a way to inventors to protect their invention from others and spread their idea worldwide. IPR helps in eventually converting an inventor\u2019s idea into a new start-up.<\/p>\n\n\n

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The world Intellectual Property Indicator report<\/a> of 2019 said that applicants around the world filed 3.3 million patent applications in 2018, which was an increase of 5.2% from the previous year. India filed 3,473 patent applications in 2018 which was 7.5% more than in 2017<\/strong>. It also reported a high share of non-resident filings <\/strong>with 67.5%. The non-resident filing means, an application filed with a patent office of a given country\/jurisdiction by an applicant residing in another country\/jurisdiction.<\/p>\n\n\n

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Graph<\/strong>: patent application filed in Top 10 Patent Offices in 2018
Resident<\/strong>: Applicant belongs to the same country in which the patent is filed
Non-Resident<\/strong>: Applicant belongs to the different country from which the patent is filed <\/figcaption><\/figure>\n<\/div>\n\n\n

In India, Research and Technology Institutes filed over 25,000 patent\napplications (from 2009 to 2019), but only one-fifth of those were granted. The\nCouncil of Scientific and Industrial\nResearch (CSIR, New Delhi) filed 2,000+ patent applications whereas,\n3500+ patent applications were filed by the Indian Institute of Technology\n(IIT) in last 10 years.<\/p>\n\n\n\n

Source: ECONOMICTIMES<\/a><\/p>\n\n\n\n

Patent applications by IIT contribute to nearly 18 to 20 percent of patents filed by all Universities and Institutes each year. <\/p>\n\n\n

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\"Graph<\/figure>\n<\/div>\n\n\n

The above graph shows\ncontribution of IIT, Bharath University, Amity University and Lovely\nProfessional University in patent filings since the past 10 years (with respect\nto all Universities and Institutes). The graph indicates Lovely Professional\nUniversity (LPU) as the major contributor over IIT or any other university or\ninstitute.<\/p>\n\n\n\n

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Table of Contents<\/p>\n