Global Intellectual Property Indicators Report: Growth in Trademark and Industrial Design Filings in 2019; decline in patent applications
According to WIPO's “World Intellectual Property Indicators” reference work, global trademark and industrial design activity increased in 2019, even as the number of patent applications in the world grew. The world has retreated slightly in the face of falling demand in China, a major power in the field of intellectual property.Trademark and industrial design registration activity increased by 5.9% and 1.3% respectively. The 3% drop in patent applications worldwide, the first in a decade, can be attributed to the decline in the number of applications filed by Chinese residents. Outside of China, patent filings increased 2.3% globally. The annual Global Intellectual Property Indicators report brings together and analyzes intellectual property data from some 150 national and regional offices to inform policymakers, business leaders, investors, academics and other stakeholders looking for data on major trends in innovation and creativity. The 2019 figures, which precede the COVID-19...