India’s roadmap to an innovation economy
The world’s fastest growing large economy is taking clear steps toward its innovation dividend. Traditionally, India has embraced a legal framework that viewed intellectual property (IP)-led innovation as a cost attached to foreign investment. However, since the inception of the National IP Rights Policy in 2016, Indian policymakers have begun to acknowledge IP as a tool that could both inspire domestic innovators and help commercialise their ideas — a win-win situation that would even enable foreign innovators to bolster transformative [...]