The 2015 India Innovation Report by Thomson Reuters has outlined trends in innovation in Indian industry, academia and government based on patent publishing activity. It also revealed that corporations continue to drive innovation; academia and government contribute around 20 percent to the total patent activity in India.
Apart from the findings of the report that were revealed on December 15, 2015 at New Delhi, the 2015 Thomson Reuters India Innovation Awards along with Top 50 Indian innovators were also announced. The awards honour the most innovative academic institutions and commercial enterprises headquartered in India for their spirit of innovation in R&D as it relates to Indian patent publications.
Among six award winners, under the ‘Corporate Pharma' category, Lupin and Cadila Healthcare have been awarded while under ‘Academic and Government' the Indian Council of Agricultural Research received the honor.
While launching the report, Mr Arvind Pachhapur, South Asia Head of IP and Science and Legal Business, Thomson Reuters, mentioned, "Globally, innovation is recognized by governments and corporations alike as the fundamental driver of economic and business growth. In India, however, the links between innovation in industry, academia and government is still in a nascent stage," adding, "for enhanced collaboration between corporate, academia and government, a deeper understanding of the technology landscape and convergence of the respective focus areas is critical."
This is the first year when, in addition to analyzing the overall environment of innovation in India, the report also evaluates a growing momentum in the collaboration between each of these three segments. The analysis provides authoritative insights on the innovation landscape in India and recommendations to enhance collaboration between industry and academia.