Xinhua
02 Mar 2021, 22:55 GMT+10
GENEVA, March 2 (Xinhua) -- International patent applications via the World Intellectual Property Organization (WIPO) continued to grow in 2020 amid the COVID-19 pandemic, according to a WIPO report released on Tuesday.
International patent applications filed via WIPO's Patent Cooperation Treaty (PCT), which is one of the widely used metrics for measuring innovative activity, grew by four percent in 2020 to reach 275,900 applications, the highest number ever, despite an estimated drop in the global gross domestic product (GDP) of 3.5 percent, the report said.
China, with 68,720 applications in 2020, or a 16.1 percent year-on-year growth, remained the largest user of WIPO's PCT System, followed by the United States with 59,230 applications, up three percent, Japan with 50,520 applications, South Korea with 20,060 applications, and Germany with 18,643 applications.
For the fourth consecutive year, China's telecom company Huawei Technologies, with 5,464 published PCT applications, was the top filer in 2020. It was followed by Samsung Electronics of South Korea, Mitsubishi Electric Corp. of Japan, LG Electronics Inc. of South Korea and Qualcomm Inc. of the U.S.
The University of California, with 559 published applications, continues to head the list of top applicants among educational institutions in 2020. It was followed by the Massachusetts Institute of Technology with 269 applications, China's Shenzhen University with 252 applications, Tsinghua University with 231 and Zhejiang University with 209 applications. The top 10-university list comprises five universities from China, four from the U.S., and one from Japan.
With 10,005 applications, U.S.-based applicants filed the largest number of international trademark applications using WIPO's Madrid System in 2020, followed by Germany, China, France and the United Kingdom. Among the top ten origins, China, with a 16.4-percent year-on-year growth, is the only country to record double-digit growth in 2020.
Get a daily dose of North Korea Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to North Korea Times.
More InformationWASHINGTON D.C.: The US Centers for Disease Control and Prevention has announced that all Americans above the age of 16-years ...
An Afghan taxi-driver in Vancouver told one of us a decade ago that this day would come. "We defeated the ...
DES MOINES, Iowa: As the number of Iowa residents who have been vaccinated against Covid rises, the demand has fallen ...
THE HAGUE, Netherlands: Dutch Prime Minister Mark Rutte announced the easing of the country's months-long coronavirus lockdown on Tuesday. A ...
TORONTO, Canada: The province of Ontario, Canada will offer AstraZeneca vaccines to people 40 years and over. This follows a ...
WASHINGTON D.C.: Citing the need to protect U.S. citizens from contracting the Coronavirus, the U.S. State Department said on April ...
BOSTON, Massachusetts: The cost of housing in the Boston area has reached record highs.According to the Greater Boston Association of ...
SYDNEY, NSW, Australia - Asian stocks were mixed on Friday despite solid losses on Wall Street.U.S. markets were hit with ...
WASHINGTON D.C.: The Biden administration is asking power companies to put in place improvements to their systems to be alerted ...
NEW YORK, New York - U.S. stocks tumbled on Friday following news of a new capital gains tax planned by ...
ORLANDO, Florida: April 19 -- Amazon is moving ahead with plans to launch 3,200 satellites to offer Internet services from ...
LONDON, England: Held down by the government's huge jobs subsidies programme, Britain's unemployment rate surprisingly fell for the second month ...