Intellectual property and innovation changing perspectives in the Indian IT industry

Abstract

Large IT firms and firms in high-end niche areas are proactively seeking IP based growth strategies. While they typically seek IP protection inn western nations and not so much in India, this has led them to perceive restrictive IP regimes more positively. IP regimes in the west are more relevant for IP creating Indian IT firms today but this may change in the near future as Indian market expands. Survey data show that an average IT firm in India also perceives IP protection as an important appropariability mechanism, but access to markets and relevant complementary assets continue to be more important for appropriating profit from their economic activity. The understanding of Indian It firms of the complexities of IP regimes remains rudimentary and they will need significant preparation to deal with these IP related challenges.