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December 12, 2012

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China beats US in patent filings

THE UN yesterday said China filed the most patent applications in the world last year, overtaking the United States for the first time.

The UN's World Intellectual Property Organization said China's patent office received 526,412 applications in 2011, ahead of the US with 503,582 filings. The agency's Director-General Francis Gurry said in Geneva that 2.14 million patent applications were filed worldwide last year, up 7.8 percent from 2010. He said that indicates a healthy emphasis on innovation despite weak economic conditions. China overtook Japan in 2010. Japan received 342,610 patent applications last year.

 

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