The rise of international co-invention

R&DThe rapid rise of India and China as innovating nations seems to contradict conventional views of the economic growth and development process. India and China are still at the early stages of development, yet advanced nations are granting rapidly growing numbers of patents to inventors based in these countries. A new research analysis of U.S. patents shows that a majority of these patents are granted to local inventor teams working for foreign multinationals. An important fraction of these patents incorporate direct intellectual inputs from researchers outside India or China, a trend that is characterize as “international co-invention.” As such, the international patenting surge of India and China does not represent a challenge to traditional models of growth and development, so much as it represents a move toward an expanded international division of labor within global R&D networks. We explore these issues with a focus on multinational R&D in India.

Source: The Rise of International Co-invention, BY LEE BRANSTETTER, GUANGWEI LI, AND FRANCISCO VELOSO, August 2013



Categories: Innovation, Universities

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: