Intellectual property (IP) led innovation is expected to drive advancements in cellular technology, as per Ericsson Inc.
India ranks 42nd among 55 leading global economies on the International IP Index according to a U.S. Chambers of Commerce 2023 report. India is poised to become a leader for emerging markets seeking to transform their economies through IP-driven innovation.
Commenting on the occasion of World Intellectual Property Day, Monica Magnusson, vice president, IPR Policy said, “Ericsson is an integral part of the thriving ecosystem of innovation that India offers. We have 300 data scientists and more than 100 AI engineers, who are working on R&D in India. Our objective is to continuously create value for society and allow the world to benefit from our cutting-edge inventions.”
Ericsson Inc. has the world’s leading patent portfolio in cellular technology. Currently, Ericsson has more than 60,000 granted patents globally and has consistently been one of the Top 10 patent filers in India.
Ericsson invests approximately $ 4-5 billion or 17 per cent of global revenue on R&D every year, whereas the patent licensing revenue was approx. $ 1 billion, as of 2022. The country has taken steps to improve enforcement against copyright-infringement and provides a best-in-class framework to promote better understanding and use of IP assets.
Ericsson has been actively contributing to the development of cellular standards since the turn of the century. Since 3GPP (the umbrella organisation for global telecom standards) was founded in 1999, Ericsson has made more than 70,000 contributions to develop 2G, 3G, 4G, and 5G technologies. Further, during the development of 5G between 2016 and 2020, the company had the biggest impact on technical specifications with 37per cent of the specification text coming from contributions co-authored by Ericsson.
From setting up the very 1st switch in 1903 to establishing the foundations of GSM services in 1994, providing connectivity across 2G, 3G, 4G and now 5G, Ericsson’s association with India has been longstanding. Ericsson continues to play a pivotal role in powering virtually every facet of telecommunications in India.