Chinese telecoms giant Huawei led the pack with Asia accounting for more than half of the international patent applications at the World ...
GENEVA: Chinese telecoms giant Huawei led the pack with Asia accounting for more than half of the international patent applications at the World Intellectual Property Organization last year, WIPO said on Tuesday.
WIPO oversees international treaties governing patents, trademarks and industrial designs. Its annual report on the applications it receives - a subset of all intellectual property filings globally - gives an early snapshot of the trends."Historically, this is really quite extraordinary," he said."Historically, this is a momentous occasion, this is something that is really a very, very significant result.
Having filed only one patent application in the WIPO system in 1993, its applications overtook Japan's in 2017 and grew by a further 9.1 percent to 53,345 in 2018, while the number of U.S.-based filings slipped 0.9 percent to 56,142. While the University of California remained well ahead among educational institutions, with 501 patent applications in 2018, and Massachusetts Institute of Technology was second, Shenzhen University and South China University of Technology leapt into third and fourth spot, just ahead of Harvard.
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