"Industry and government should team up with universities to create meaningful graduate research programmes utilizing global collaboration models where appropriate," said the report by WIPO.

• For this to happen, however, Indias industries need to have the hunger to be at the top of the value chain, its customers have to be more demanding, its policies have to be more transparent, and its talent pool has to get more hands-on experience while simultaneously growing to leverage the global talent pool, the report said.

• In these emerging fields, the report said: Applications include developing sustainable fuels for transportation, predicting and preventing disease, determining ways to improve wellness, and delivering better nutrition areas that meet immediate needs of India.

• Among innovators in India measured by the number of patents obtained in the last five years, Infosys led with 281; it was followed by TCS with 244, Ranbaxy 196, Wockhardt 160, and SunPharma 84.

• Overall, Switzerland ranked first globally as the most innovative economy on the index.

^{I'm a bot | OP can reply with "delete" to remove | Message Creator | Source | Did I just break? See how you can help! Visit the source and check out the Readme}