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China Top Country of Origin for Global Patent Filings, According to IP Report
Global patent applications jumped by 11 percent in 2013, while patents granted rose by a more modest 4 percent in the top five worldwide patent offices. The 2013 data was recently released by IP5, a cooperative effort of the European, Japanese, South Korean, Chinese and U.S. patent organizations, which together represent about 80 percent of the world’s patent activity. China has now solidly emerged as the top nation for patent applications and first filings after first taking the lead in 2011. China has also become the top country of origin for global patent filings, with the U.S. ranking third behind China and Japan. The U.S. Patent and Trademark Office reported that it had reduced its backlog of applications by 31 percent from the peak level in 2009, and finalized the first-to-file provision of the Leahy-Smith America Invents Act. Download the report…
international, intellectual property