Share of tech patents on the rise in IP filings

  1. According to a report by industry body Nasscom,India origin companies has filed over 4,600 patents in the US between 2015-2018.The majority of the patents were from the technology domain.
  2. A patent is a form of intellectual property.A patent gives its owner the right to exclude others from making,selling and importing an invention for a limited period of time usually twenty years.The patent rights are granted in exchange for an enabling public disclosure of the invention.
  3. The report says that Indian start-ups have filed patents mostly in the emerging technology areas such as artificial intelligence,cyber security,vehicle technology and Internet of Things (IoT).
  4. The report has also said that India can further strengthen its potential as an innovation hub through more investments in research and strategic collaborations.
  5. Artificial Intelligence is a way of making a computer,a computer-controlled robot or software perform human-like tasks.It refers to the ability of machines to perform cognitive tasks like thinking,perceiving, learning,problem solving and decision making.
  6. The Internet of Things(IoT) is a system of interrelated computing devices,mechanical and digital machines that are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.

Salesforce ADM-201 Questions : Administration Essentials for New Admins

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