China dethrones US as world's top patent filer: UN

A record 265,800 international patent applications were filed last year, a hike of 5.2-percent from 2018, the World Intellectual Property Organisation said in its annual report.In the main category -- the Patent Cooperation Treaty, or PCT -- China topped the ranking for the first time, with 58,990 applications. It thus overtook the United States, which filed 57,840 applications, and which has topped the PCT ranking since the system took effect in 1978.

"China's rapid growth to become the top filer of international patent applications via WIPO underlines a long-term shift in the locus of innovation towards the East, with Asia-based applicants now accounting for more than half of all PCT applications," WIPO Director General Francis Gurry said in a statement.

This came despite a relentless campaign by Washington, which has lobbied allies worldwide to avoid the company's telecoms gear over security concerns, in the shadow of a wider US-China trade conflict. It was followed by Misubishi Electric Corp of Japan, which made 2,661 filings, Samsung Electronics of South Korea with 2,334 filings and Qualcomm Inc of the United States with 2,127 filings.

While intellectual property increasingly finds itself at the heart of global competition, Gurry said that"it is important to remember that innovation is not a zero-sum game".

پاکستان تازہ ترین خبریں, پاکستان عنوانات

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