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WIPO Releases 2019 World Intellectual Property Indicators Report

Last month the World Intellectual Property Organization released the 2019 World Intellectual Property Indicators Report, a report showing considerable increase in worldwide patent applications.  Nearly half of all patent applications in 2018 were filed in China, with that number increasing to 66.8% if you consider all filings in Asia.  The top five countries receiving patent applications in 2018 were China (1.54 million), U.S. (597,141), Japan (313, 567), South Korea (209,992) and the European Patent Office (174.397).

Although US applicants lead the charge in foreign filings, applications filed at the USPTO are down slightly from 2017.  The last time the USPTO saw a decrease in patent applications was 2009. Despite the recent decrease in applications, the US maintains the top spot for patents in force, with 3.1 million out of 14 million active patents worldwide.

For more information on 2018 intellectual property trends, read the full report at the WIPO website, here.