By Kung-Chung Liu, Uday S. Racherla
This ebook examines the 2 such a lot populous international locations on the earth – India and China – which will demystify the interplay among highbrow estate rights (IPR) regimes, innovation and financial progress via severely the industrial and criminal realities. furthermore, it analyzes the query of ways innovation can top be reworked into IPR, and the way IPR can most sensible be exploited to motivate innovation. evaluating and contrasting those huge countries will be hugely useful as China and India have been the 2 fastest-growing economies within the final 3 a long time, and jointly their populations make up one 3rd of the world’s overall inhabitants; as such, exploring tips to maintain their progress through innovation and commercialization of IPR can have an important optimistic effect on worldwide health and wellbeing.
While a research of those mega nations with such assorted dimensions and magnitudes can by no means be actually entire, this joint attempt through students from legislations, company administration and economics disciplines that pursues an empirical technique makes a priceless contribution. Divided into 3 components, the 1st bargains an in-depth doctrinal and empirical research. the second one half completely makes a speciality of India, whereas the final is devoted to China.
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Additional info for Innovation and IPRs in China and India: Myths, Realities and Opportunities
Racherla Abstract Innovation can be of two kinds: technological and business model innovations. The goal of innovation is to create value through implementation of viable commercial solutions to customer needs, wants, challenges, problems, or business opportunities that are open to exploitation. The primary role of IPRs is to protect inventions and innovations. ” This needs insightful analysis. Not all inventions lead to innovations. In fact, inventions made without any commercial understanding are unlikely to be of business interest.
Since then, Aurolab exported its eye care products to 130 countries worldwide, with an eye on the poor people in markets like Africa, Latin America, Central America, and Southeast Asia. Aurolab is now getting ready for reverse innovation – marketing its products to industrially advanced countries (Govindarajan and Trimble 2010). Aurolab has also taken corporate social responsibility to a different level, by contributing about 60 % of its total sales to nonprofit organizations. 6 FINO PayTech Ltd.
0 % growth in the nonIP-intensive industries. 1 %. 2 Wages This study also found that wages in IP-intensive industries are also higher compared to non-IP-intensive industries. Average weekly wage premium in IP-intensive industries grew from 22 % in 1990 to 42 % in 2010 and outperformed the average weekly wage premium in non-IP-intensive industries. In patent-intensive industries, average daily wage premium increased from 66 % in 2005 to 73 % in 2010, while the same in copyright-intensive industries grew from 65 to 77 %.