'Astonishing' Chinese patent growth marks world recovery

Feb 09, 2011
World Intellectual Property Organization (WIPO) headquarters in Geneva. 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.

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, 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 -- 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 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, 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.

Explore further: Facebook CEO wants more students to explore tech

add to favorites email to friend print save as pdf

Related Stories

Microsoft 'committed' to China IT sector

Apr 18, 2006

Microsoft Chairman Bill Gates said Tuesday that the U.S. software giant remained committed to a role in the growth of China's booming IT industry.

European office withdraws Nexium patent

Dec 21, 2006

The European Patent Office, answering a generic drug maker's challenge, withdrew a patent on Britain-based AstraZeneca PLC's heartburn treatment, Nexium.

Asia-Pacific computer sales rise 19% in 2010: IDC

Jan 20, 2011

Sales of personal computers in the Asia-Pacific area outside Japan rose 19 percent in 2010, in another sign of the region's robust economic growth, technology industry analyst IDC said Thursday.

2009 global research outlays down, but not China

Oct 26, 2010

(AP) -- The economic crisis cut corporate research and development spending 1.9 percent worldwide in 2009 but China defied the trend, increasing its research investments by a whopping 40 percent.

Sanctions won't stop China violating IP

Apr 19, 2006

Imposing trade sanctions is no solution to getting China to comply with intellectual-property rules. Rather, by encouraging Chinese companies to tie up with U.S. rivals on the one hand and getting them to produce goods that ...

Recommended for you

Alibaba prices IPO at $68 per share

9 hours ago

Alibaba, the Chinese e-commerce powerhouse named after a fabled, poor woodsman who discovers a thieves' den full of treasures, is ready to strike it rich on the New York Stock Exchange.

Larry Ellison releases helm of mighty Oracle ship

11 hours ago

Tycoon yachtsman Larry Ellison on Thursday stepped down as Oracle's chief executive, trusting a pair of lieutenants to steer the titanic business software firm he helped launch decades ago.

Alibaba's plan: Today, China. Tomorrow, the world.

16 hours ago

Amazon and eBay should watch their backs. As Chinese e-commerce powerhouse Alibaba readies what could be the biggest initial public offering ever on the New York Stock Exchange, it is quietly hinting at plans ...

User comments : 0