The Buzz | UN agency says China tops world again in patent applications
The U.N.’s intellectual property agency says China continued to set the pace worldwide for patent applications last year, filing a record 1 million that nearly all focused on its giant home market.
The World Intellectual Property Organization says China made up over one in three of a total 2.9 million patent applications in 2015, followed by the United States and Japan with about a half-million each. Domestic-only applications made up about two-thirds of the global total; only about 42,000 Chinese applications were for patents outside China.
Releasing an annual report yesterday, WIPO officials say the increase shows the strong demand for protection for intellectual property rights.
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