Creating an innovation act for India

Research over the last few decades has unequivocally established a near coalescence of the generative, application and commercial aspects of knowledge.

The intersection of seemingly unconnected and diverse fields of science and technology has generated unforeseen interfaces, creating convergence technologies spanning development in biotechnology, information and communications.

Burgeoning economic need has led over 100 foreign organizations to open R&D centres in India. Some are involved in developmental innovation to support existing products while others are developing new products and contributing towards enhancing the technological competitiveness of their parent companies.

Abhai Pandey is a lawyer with LEX ORBIS IP Practice, a law firm specializing in intellectual property issues.