India Leads in Growth of Intangible Investments: A New Value Creation Age

In an excellent development for the Republic of India, it now ranks as the fastest-growing nation in terms of intangible investments over the period of nine years from 2011 to 2020. The quick ascent has helped it edge out major economies like the United States, France, Germany, and the United Kingdom in terms of value addition by companies operating from the Indian shores.

Further, according to the World Intangible Investment Report, in this running year of 2020, India has ranked 14th in terms of absolute levels of intangible investments. It ranked them above Finland and Portugal but behind Denmark. This ranking has been a significant shift in the global economic position of India, emphasizing the growing importance of India in terms of intangible assets.

This is also a landmark publication of intangible investment data for India as it is for the first time that it is being done. This finding, inter alia, is reflective of the accelerated strides by which India is being established as a prominent emerging player in the forefront of innovation and intellectual property across the globe. That is what is being signaled-an indicator of healthy expansion in these crucially important factors for long-term economic development and competitiveness in technological, branding, and intellectual property.

High tangible investment in India highlights a phase of transition of the Indian economy toward a knowledge economy and the strategic management of its assets. As it keeps surging ahead, possibly India will have a far more macro role globally by making use of the growing specifics and investments in the area of intellectual property in the process of furthering economic globalization and influence.