GENEVA, April 7 — China last year became the world leader in international patent filings, unseating the United States which had held the top spot for more than four decades, the UN said today. A record 265,800 international patent applications were filed last year, a hike of 5.2-per cent from...
A man walks past a Huawei shop in Beijing, China, March 7, 2019. — Reuters pic
It thus overtook the United States, which filed 57,840 applications, and which has topped the PCT ranking since the system took effect in 1978. WIPO’s report showed Asian-based applicants accounting for 52.4 per cent of all filings, while Europe and North America accounted for less than a quarter each.And for the third consecutive year, China-based telecoms giant Huawei Technologies topped the global ranking in 2019 with 4,411 PCT applications.
Gurry, who is due to step down at the end of September after 12 years at the WIPO helm, said that back in 1999 the organisation had received just 276 patent applications from China.While intellectual property increasingly finds itself at the heart of global competition, Gurry said that “it is important to remember that innovation is not a zero-sum game”.
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