I may be wrong in all I said, but I can show you any number of proofs that the examples of NOT generating IP are TATA,RELIANCE,BAJAJ,JINDAL,ITC,and continue with any number of Indian Manufacturing companies. Also, just to quench your curiosity, read up the Balance Sheets of Infy,WIPRO,SATYAM,HCL, plus the next 10 next biggest Indian software companies and see if you can spot any reference to number of patents "registered and given" to them. This is exactly what I mean. Just that I am not looking down at Indian companies. We all know for a fact that number of Indians in USA, Europe have contributed and got patents for their work. Even in India, GE has a Research Centre in Bangalore which has many Indians working and is producing patents for its global companies. If you feel it is all words and no numbers.. I have a shocking statistic... sum profits of top 50 Indian companies annually, which will be less that what Intel and Microsoft 'spend' in R&D. Gotcha, did I?