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New tech leading the ideas revolution

|23 November 2016|

Global

Innovators working in computer technology are leading the global growth in new ideas and concepts, according to the World Intellectual Property Organization (WIPO).

Last year saw a record number of global patent applications filed: 2.9 million worldwide – up 7.8% on 2014, according to WIPO’s annual World Intellectual Property Indicators (WIPI) report. Over a million were from China.

At 7.9% of the total, computer technology ‘saw the highest percentage of published patent applications worldwide, followed by electrical machinery (7.3%) and digital communication (4.9%)’.

“As policy-makers seek to invigorate growth around the world, it is encouraging to report that intellectual property filing activity saw healthy progression in 2015,” said WIPO Director General Francis Gurry. “While China continues to drive global increases, IP use grew in most countries in 2015, reflecting its increasing importance in a globalised knowledge economy.”

 

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Iain Robertson
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