An Ode To The Odyssey That Is Patent

India is, in the true sense of the phrase, a "rising star" when it comes to innovation growth in the Intellectual Property sector. Economic solidification of a country rests on several pillars, of which, policy making is the foundation. Developing countries such as ours have come a long way since the ratification of the WIPO Treaty in 1995, which effectuated separate legislations for the regulation of patent, copyright, and trademark, leading to entrepreneurial spurt. This achievement through guaranteed strong IP protection and sustained economic advancement has equipped India to rise to the 36^th Rank in the US Chambers of Commerce's Intellectual Property Index (2019)¹.

 With the advent of WIPO, a surge of applications was observed in the Patent Cooperation Treaty, Madrid System (Trademarks) and the Hague System (Designs); with patents observing an all-time highof253,000 applications in 2018, showcasing a steady increase of 3.7% since the previous year². Lead by US;