India Ranks Fifth in GenAI Innovations
Tags: INDEX
India ranks fifth in Generative AI (GenAI) innovations, trailing behind China, the US, Republic of Korea, and Japan.
An Overview of the News
India has filed 1,350 patents related to Generative AI from 2014 to 2023.
The country ranks fifth globally in total number of GenAI patents, following China (38,210), the US (6,276), Republic of Korea (4,155), and Japan (3,409).
India has surpassed the UK (714 patents) and Germany (708 patents) in the number of GenAI patents published.
Leading Companies in GenAI Patents:
Chinese companies Tencent, Ping An Insurance Group, and Baidu have published the most GenAI patent families in the last decade.
No Indian entities are in the top 20 GenAI patent owners.
Notable Indian patents include a retail AI assistant solution by RN Chidakashi Technologies (Miko Robotics) and an AI tool for contract lifecycle management by Tata Consultancy Services.
Innovation Growth in India:
India has recorded the highest annual growth rate in GenAI patent publications, averaging 56% growth.
Despite this rapid growth, India holds only 3% of the total GenAI patents globally.
China, with a high base, has a 50% growth rate in GenAI patents.
Global GenAI Patent Trends:
A total of 54,358 patent families were published in GenAI between 2014 and 2023.
89% of these patents (48,398) were considered active by the end of 2023.
Advances in AI and deep learning, including the introduction of transformer models in 2017 and the advent of popular apps like ChatGPT in 2022, have significantly increased GenAI patent activity.
The share of GenAI patent publications among all AI patents rose from 4.2% in 2017 to 6.1% in 2023.
Over 25% of all GenAI patents and over 45% of all GenAI scientific papers were published in 2023 alone.
Jurisdictional Insights:
WIPO data shows the relative maturity of China's patent regime compared to other countries.
Over 40,000 of China's GenAI patents were filed within the country from 2014 to 2023.
The US saw over 10,700 patents filed within its own jurisdiction.
98% of India's 1,350 patents were filed within its own jurisdiction.
Important Points
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India Ranked 159th in the World Press Freedom Index 2024
India Ranked 129th in the Global Gender Gap Index 2024
India Ranked 39th in WEF's Travel and Tourism Development Index 2024
India Ranked 126th in the World Happiness Report 2024
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