The Fourth Industrial Revolution (4IR) is already triggering sweeping transformations in value creation and consumer behaviour. A constellation of disruptive technologies – the internet of things, cloud computing, big data, 5G communication and, of course, artificial intelligence – is paving the way for a new data-driven economy. This new study takes a truly global perspective on the technology drivers of the Fourth Industrial Revolution. Drawing on patent data across over 350 distinct technology fields, it provides unrivalled insights into the digital transformation impacting the global economy today. Drawing on the latest information available in published patent documents, the data presented in this study show trends in high-value inventions for which patents have been filed in more than just the inventors’ domestic market, by counting international patent families (IPF).
Bangalore is ranked 28th in 4IR clusters with Samsung Electronics (19%), Intel (9%), Wipro (6%) working on Software, power supply, data security. India gets the cake in cross- border collaborations, due to presence of MNC R&D centers. Some 11% of the IPFs related to 4IR technologies originate from teams of inventors located in different countries. On a global scale, India and Canada stand out in this respect, as up to 39% and 34% of their respective IPFs were co-invented in the period 2010-2018.
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