'Astonishing' Chinese patent growth marks world recovery Geneva (AFP) Feb 9, 2011 Asia led a recovery in international patent applications last year, as "astonishing" growth in filings by innovative Chinese companies left US firms by the wayside, the UN patent agency said Wednesday. "We see a meteoric rise of northeast Asia: Japan, China and the Republic of (South) Korea," said Francis Gurry, director general of the UN's World Intellectual Property Organisation (WIPO). "And the growth rate from China was an astonishing 56.2 percent -- astonishing because it's a growth rate that comes on a base that was larger than those of France or the United Kingdom," he told journalists. While the United States remains the biggest source of international requests for patent protection -- 44,855 in 2010 -- its decline since the 2008 financial crisis continued. US filings fell by 1.7 percent in 2010, according to WIPO data. Worldwide international filings under the WIPO patent cooperation treaty (PCT) grew by 4.8 percent in 2010. "Overall PCT filings recovered from the economic crisis-induced drop in 2009, almost reaching their 2008 level," Gurry said. While strong Asian growth has been a hallmark of a global shift in the past five years, the trend was "reinforced", he added. China now ranks number four in the world behind the United States, Japan and Germany, while South Korea is fifth ahead of Fance and Britain. Japanese electronics giant Panasonic remains the top of the global list of company filings in 2010, but Chinese telecoms group ZTE leapfrogged 20 places to second ahead of US rival Qualcomm. Six of the top 10 corporations on the list are northeast Asian. The WIPO listing only covers international patent applications, not national ones or the transformation of PCT applications into patents. This only happens if 142 national authorities accept them as unprecedented innovations -- a process that takes several years.
Share This Article With Planet Earth
Related Links Space Tourism, Space Transport and Space Exploration News
Mumbai's washermen fear rise of the machines Mumbai (AFP) Jan 27, 2011 At Mumbai's open-air Dhobi Ghat, Prem Shankar Kanojia picks up items from a pile of laundry stacked at the side of a concrete washing tank and submerges them in water murky with soap suds and grime. Once the shirts and sheets have been soaked thoroughly, he raises each piece high above his head and smashes it down repeatedly on a large flat stone made smooth by years of pounding. Hard-wo ... read more |
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |