. | . |
China sets patent filing record: UN by Staff Writers Geneva (AFP) Nov 23, 2016
China has become the first country to file more than a million patent applications in a year, leading a global innovation surge that has defied sluggish economic growth, the UN said Wednesday. "The figures for China are quite extraordinary," said Francis Gurry, head of the United Nations World Intellectual Property Organization (WIPO) while launching the body's annual report. China registered 1.1 million patents in 2015, more than the top three runners-up combined, WIPO said, referring to the United States (578,000 applications), Japan (325,000) and South Korea (214,000). Chief WIPO economist Carsten Fink linked the Asian giant's performance to "the laws of compound growth", where a massive nation with sustained economic expansion has seen a dramatic rise in innovation. Globally, patent applications hit 2.9 million in 2015, a near-8 percent rise on 2014 figures, the report said. By sector, computer technology led the way with 7.9 percent of total applications, followed by electrical machinery (7.3 percent) and digital communication (4.9 percent). Gurry said there were dangers in trying to draw broad conclusions about the global economy based strictly on intellectual property trends, but noted that innovation has in recent years proven more robust that general economic growth. "What is striking is that you have a performance in respect of intellectual property that is not similar to the general outlook for the global economy," the WIPO chief told reporters.
Related Links Space Tourism, Space Transport and Space Exploration News
|
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |