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No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-12-12 05:02 AM
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Chinese exceptionalism?: China files most patent applications
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Published: Dec. 12, 2012 at 1:46 AM

GENEVA, Switzerland, Dec. 12 (UPI) -- China registered 526,412 patent applications in 2011, the highest for any nation, taking the world total to more than 2 million, a U.N. report said.

The World Intellectual Property Organization, a U.N. intellectual property agency headquartered in Geneva, said the United States came in second with 503,582 applications, and Japan third with 342,610 applications last year.

The agency in its World Intellectual Property Indicators 2012 said it was the first time global patent filings had passed the 2 million mark, adding the filings would benefit the global economy.

"Sustained growth in IP filings indicates that companies continue to innovate despite weak economic conditions," said agency Director General Francis Gurry. "This is good news, as it lays the foundation for the world economy to generate growth and prosperity in the future."


"Even though caution is required in directly comparing IP filing figures across countries, these trends nevertheless reflect how the geography of innovation has shifted," Gurry said in the report's foreword.

Patent filings across the world grew by 7.8 per cent in 2011, the second year in a row when growth exceeded 7 percent, the report said. It followed a 3.6 per cent decline in 2009 in the wake of the global financial crisis.


"Residents of Japan filed the largest number of applications relating to solar energy and fuel cell technologies, while residents of Germany and the U.S. accounted for the largest numbers of applications relating to geothermal and wind energy, respectively," the report said

Read more:

Worldwide, patents for digital communication and renewable energy technologies increased most, with Japan leading filings relating to solar energy and fuel cell technologies. (Is that because of Japan's nuclear plant disaster?) Patents for pharmaceuticals, however, declined since 2007. (Will that mean yet higher U.S. prices for pharmaceuticals?)

Remind me who the world's biggest copyright and patent pirateers are.

The parts of the world economy that gets to exploit these patents will prosper. The parts of the world that get to be only consumers, not necessarily so much.
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