East-Asian economies lead 2010 growth in patent filings, innovation
According to a recent report from the World Intellectual Property Organization (WIPO), the number of international patent filings under the Patent Cooperation Treaty increased by 4.8% in 2010 – indicating a recovery in research and innovation.
Driving this global recovery were the economies of East-Asia, with China, Japan and the Republic of Korea in particular accounting for rapid growth in patents filings. This offset a mixed performance by European countries and a continued decline in the United States.
While the United States remained the top country of origin for patent applications, their relative contribution declined by 1.7%.
Developing country filers made increasing use of the PCT in 2009, the largest number of applications coming from the Republic of Korea and China, followed by India, Singapore, Brazil, South Africa, Turkey, Malaysia, Mexico and Barbados.