Home 2017-08-14T10:41:39+00:00

What is happening in the Intellectual Property World?

When you think of the ways to maximize profits and expand the businesses, we strongly recommend owners of intellectual property should protect your intangible asset before someone steals it. The below facts and figures are the evidences of IP (intellectual property) are not just the process of registration, even more importantly are the tools of the business strategy which differentiate from your competitors.

Patents

About 2.9 million patent applications were filed worldwide in 2015, up 7.8% from 2014. Driving that strong growth were filings in China, which received about 174,000 of the nearly 208,000 additional filings in 2015 and accounted for 84% of total growth.

Global filing activity for patents, utility models, trademarks and industrial designs increased in 2015.

IP offices in Asia received the highest numbers of applications for patents, utility models, trademarks and industrial designs, including 61.9% of all patent applications worldwide.

Differences in patent activity reflect both the size of each economy and its level of development. Looking at the number of applications per country relative to its GDP gives us an alternative perspective, helping to compare filing activity among countries with economies of very different sizes. While China leads the world in the sheer number of patent applications filed by its residents, on this alternative measure the Republic of Korea outperforms everyone – its ratio of filing to GDP was 1.8 times that of China and more than five times that of the U.S.

In 2015, China became the first office to receive over a million patent applications in a single year. It received almost as many applications as Japan, the Republic of Korea and the U.S. combined.

Trademarks

Calculating application class count per unit of GDP allows us to compare trademark filing activity in countries with different filing systems (single-class versus multi-class) and economies of very different sizes.

When differences in filing systems across national and regional offices are harmonized using the application class count, trademark filing activity grew by 13.7% in 2015. The total number of classes specified in applications reached 8.4 million.

In 2015, 65% of all trademark filing activity worldwide occurred at the top 10 IP offices combined. The IP office of China accounted for a third of all trademark filing activity worldwide.