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India and China might be the competing economic giants globally, but when it comes to innovation, the land of dragon is way ahead, filing nearly seven times more patent applications compared to our country. According to global research and analytics firm Evalueserve, India filed 35,000 patent applications during the fiscal year 2007-08, whereas China had more than 2.45 lakh applications in 2007. About 35,000 patent applications were filed at the Indian Patent Office (IPO) during the 2007-08 fiscal year, which is an increase of 21 per cent compared to the previous year. Once granted, these patents have a validity of 20 years from their filing date. However, the State Intellectual Property Office of China (SIPO) received a total of 245,161 20-year patent applications in 2007. "This made China the third most prolific patent-filing country in the world after the United States and Japan. Patent filing has been growing both in India and China at about 20 per cent per year. However, the SIPO received approximately the same number of 20-year applications in 1997 as the IPO did in 2007-08. This implies that India is approximately 10 years behind China," Evalueserve said. In 2007, filings by domestic applicants in China accounted for 62.4 per cent of the 20-year patent applications with the SIPO. During the same period, the year-on-year increase in domestic 20-year patent application filing in China was at 25 per cent, whereas that of foreign filings stood at 4.5 per cent. By Ms.Bobby Aanand, Metropolitan Jury.
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