Research Seminar on Working of Patents in India: Opportunities and Challenges
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Meeting ID: 823 5046 0270  |  Passcode: 2024060

Abstract: This paper focuses on patents that are commercially worked or not based on novel dataset on working of patents from Indian patent office. The information based on Form 27, mandated by section-146 of the India patents act, is collated from the patent office website. In contrast to the USA, Europe, and Japan where more than 50% of patents are used, we find that only 24% of patents are worked in India. We find that electrical patents are most likely to work among different technology domains. The patents granted to academic institutions and government research organizations have indeed very low probability of use. Overall, among the various reasons for non working of patents, we identify the lack of licensing opportunities and low market demand are the most prominent.