Patent Statistics: A Clue towards the Underlying ‘Momentum’ and ‘Acceleration’
Many may have followed the press release by the WIPO earlier this month declaring that in 2019 China had surpassed the United States to become the largest filer of international patent applications for the first time. That is, number of the PCT applications originating from China is the largest in the world as on 2019. PCT applications originating from China were 58,990, which represents a 11% growth from the previous year and almost 2400% increase from 2005. The number of…
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