Published Online:April 2025
Product Name:The IUP Journal of Applied Economics
Product Type:Article
Product Code:IJAE040225
DOI:10.71329/IUPJAE/2025.24.2.83-92
Author Name:Md Harish
Availability:YES
Subject/Domain:Economics
Download Format:PDF
Pages:83-92
Innovation and technological activities have been recognized as a major source of growth and have been prioritized with greater attention in academia and public policy in recent times (NKC Report, 2007).1 The advantage of innovation has become a critical ingredient to achieve higher growth rates (Howittt & Aghion, 1998; Romer, 1994; Solow, 1956). The National Innovation Council of Government of India designated 2010-2020 as the decade of innovation and launched the Make in India initiative in 2014 to boost manufacturing innovation. Over the past two decades, India aligned its patent policies with the Trade-Related Aspects of Intellectual Property Rights (TRIPS) Agreement through key amendments