India ranked in the top 50 nations in the Global Innovation Index

News: The Global Innovation Index(GII),2020 has been released. Facts: GII: It is an annual ranking that quantifies the state of national innovation ecosystem across countries.In 2020, it has ranked 131 countries. Published by: The index has been released jointly by the World Intellectual Property Organization(WIPO), Cornell University and INSEAD Business School. Metrics: The metrics include… Continue reading India ranked in the top 50 nations in the Global Innovation Index

India rises in global innovation ranking

The Global Innovation Index (GII) 2019 has been released. Switzerland has been ranked first in the index. India has improved its ranking by five places to 52nd in 2019 from 57th position in 2018. India has also outperformed on innovation relative to its GDP per capita for nine consecutive years. India has improved its ranking… Continue reading India rises in global innovation ranking

Government aims to cut patent examination time to six months

Department for Promotion of Internal Industry and Trade(DPIIT) aims to reduce the time taken to examine patents to six months as part of its five year plan from 18 months currently. A patent is a form of intellectual property.A patent gives its owner the right to exclude others from making,selling and importing an invention for… Continue reading Government aims to cut patent examination time to six months