WIPO Head: India Will Be Major Hub of Innovation

In an interview with the Economic Times, World Intellectual Property Organization director general Francis Gurry discussed issues of Intellectual Property and Innovation with respect to India.

Francis Gurry

Francis Gurry

Snippets of Gurry’s opinions during the conversation:

There has been a shift in innovation in the last 20 years, from a total domination by North America and Europe, to Asia (in terms of magnitude) in countries including Japan, China, Korea, India and others.

India is a leader in demand-driven and frugal innovation — taking innovation elsewhere and adapting it to local conditions, so you are able to address a problem at a lower cost.

India is compliant with its international obligations. It has not been involved in any dispute resolution process for an intellectual property. The challenge for India is the vastness of the country and the unevenness that exists. It is typical of any big country.

India is going to be a major hub of innovation and IP. You have the human resources, the educational system, high number of scientists and engineers and a vibrant rate of economic growth, which is producing new areas of opportunity.

It is exciting working with the authorities on the state index for innovation in India. It is a friendly competition between the states in the field of innovation. The moment you leave India’s borders the competition is enormous.

Not the least area of concern is the displacement of employment by robotics, artificial intelligence. That means we have to address this starting with the education system. You cannot stop innovation.

Employment is an integral part of human dignity. The massive elimination of work possibilities will be catastrophic, but I do not think that is happening. A more worrying phenomenon is the heavy concentration of wealth that occurs quite rapidly as a consequence of innovation in certain areas.

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Posted on by Gunjan Bagla
Gunjan Bagla
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. Amritt is the trusted advisor for India market research, India business development, India market entry, Global Engineering, Global Technology Scouting, India R&D and Open Innovation. Gunjan is author of "Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market" (Hachette Book Group, 2008), Amazon's top rated title on the subject. He has appeared as the India Expert on BBC Television, Bloomberg TV, Fox Cable Business and has been quoted in the New York Times, the Los Angeles Times, the Hollywood Reporter and Business Week for his expertise on India.

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