Why India Needs To Urgently Invest In Its Patent Ecosystem?

An evolved Intellectual Property Rights regime is the basic requirement for a knowledge-based economy. Technological innovation and scientific research require a robust patenting system. India is seeing a surge in start-ups and unicorns, and an efficient IPR system is an essential prerequisite for a healthy startup ecosystem. In this paper, we focus on analyzing India’s performance in terms of patents and trademarks.