World IP Indicators 2019: Continued Growth in Filings in Asia despite Slowdown in China
Jane Lambert The World Intellectual Property Organization its World Intellectual Property Indicators Report for 2020 on 7 Dec 2020. For the first time since the 2998 world economic downturn, there had been a 3% drop in patenting activity since 2018 but a sustained increase in the number of applications for trade marks, designs and plant breeders' rights. The reason for the reduction in the number of patent applications from 3.3 million in 2018 to 3,2 million in 2019 is that the China National Intellectual Property Administration (CNIPA) received 9.2% fewer applications in 2019 than it did in the previous year and the Japan Patent Office ("JPO") 1.8% fewer. The CNIPA still received 1.2 million patent applications which was more than any other office. The US Patent and Trademark Office came second with 621,453, the JPO third with 307,969, the Korea Intellectual Property Office fourth with 218,975 and the European Patent Office fifth with 181,479. Intellectual property ...