At an organization level “Number of patents filed” isn’t a perfect metric for its innovation stamina (see
· The number of patents granted between 1995 and 2008 is about eleven times that between 1976 and 1994.
· MNCs accounted for a little over half the patents in both periods. However, MNC patenting in the earlier period was largely (71% of MNC patents) in Chemistry related areas (primarily pharmaceuticals) while it was primarily in IT related areas (69% of MNC patents) in the later period.
· Indian companies accounted for just 7.5% of all patents in the earlier period but account for 16% in the later period. Indian corporate patenting has been primarily in the Chemistry-related areas (82% of all patents awarded to Indian companies in the later period).
· Indian research and academic institutions accounted for a little over 10% in the earlier period, but for as much as 22% in the later period. The Council for Scientific and Industrial Research (CSIR) is the top holder of US patents from
· Top 10 MNCs patenters from
· Top 10 Indian corporate awardees of US patents for 1995-2008 are Dr. Reddy’s Lab (98), Ranbaxy (83), Dabur (37), Indian Oil (33), Biocon (28), Orchid (28), Lupin (22), Sasken (21), Wockhardt (19), Reliance (19).