With most patents, China biggest intellectual property growth driver, says report
China– with the highest number of patents filed and received– was the biggest driver of the intellectual property growth in 2012, according to the World Intellectual Property Organisation.world Updated: Dec 10, 2013 23:24 IST
China– with the highest number of patents filed and received– was the biggest driver of the intellectual property growth in 2012, according to the World Intellectual Property Organisation (WIPO).
The World Intellectual Property Indicators 2013 released by WIPO on Monday said the Chinese patent office had received the highest number of patent applications – 652,777 – from across the world.
The Indian patent office was at the eighth position with 43,955 applications received. India’s last position was seventh.
China also filed the highest number of patents at 560,681 in 2012 while India filed only 18,020 patents, managing the 14th position.
In overall ranking of countries covering patents, trademarks and industrial designs, China is again ranked first while India is 20th.
"In 2012, for the first time, residents of China accounted for the largest number of patents filed throughout the world. In addition, SIPO (State Intellectual Property Office of the People’s Republic of China) accounted for the largest number of applications received by any single IP office," the report said.
WIPO director general Francis Gurry said, "While economic recovery since the 2009 crisis has been uneven and has failed to bring down the high levels of unemployment, IP filings have increased at a faster rate than before the crisis."
Among the top 20 IP offices, China’s SIPO saw the fastest growth (24%) in filings in 2012, followed by the offices in New Zealand, Mexico, the United States Patent and Trademark Office and the Russian Federation. India reported a 3.9% growth in filings.