India, China Leads as Global Intellectual Property Filings Reached New Records in 2021

India, China Leads as Global Intellectual Property Filings Reached New Records in 2021

• Global intellectual property filings- of patents, trademarks, and designs-reached record levels in 2021 driven largely by increases from Asian countries of India, China, and South Korea according to the World Intellectual Property Organisation (WIPO).
• The WIPO’s World Intellectual Property Indicators (WIPI) report showed that innovators around the world filed 3.4 million patent applications in 2021, up 3.6 per cent from the previous year with offices in Asia receiving 67.6 per cent of all applications worldwide.
• According to WIPO, despite the disruption of the coronavirus pandemic, this bucked previous economic downturn trends.

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Published date : 23 Nov 2022 04:22PM