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Intellectual Property Evolution and Innovation Ecosystem as Effective Tools in Strengthening Indian Healthcare Sector
Despite India’s enormous technological potential, indigenous medicinal knowledge and various initiatives by the government and industry at translational cycle, the country carries a global disease burden of 21%, majorly contributed by dual disease burden. Public health faces the major anomalies of 3A (accessibility, affordability, availability) of the healthcare sector, possibly due to restrictive coordination among stakeholders, transiting disease profile, undeveloped delivery system and regulatory mechanisms. This article emphasizes the significance of integrative approach of using our research and development strength and establishing a strong intellectual property system for conducive healthcare environment, accentuating the significance of 3P (public–private partnership) in addressing the major anomalies of 3A.
Keywords
Healthcare, Innovation Ecosystem, Intellectual Property, Public–Private Partnership.
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