Business Standard, India's business newspaper published an article on February 9, titled "China is ranked fifth in application of patents and India lags behind."
The World Intellectual Property Organization (Wipo) data for 2009 reveal that Indian companies and scientists filed one-tenth of patent applications filed by their Chinese counterparts during the same period. China applied 7945 patent last year compared to India's 761. No.1 is America (45790); no.2 is Japan (29827); no.3 is Germany (16736) and no.4 is S. Korea (8006).
The Financial Times had suggested that China would displace the US as the world's leading producer of scientific knowledge in term of volume by 2020.
Huawei, a Chinese company is ranked no.2 in application of patents and any Indian company is ranked within the top 100.
