Japan, China rank Top 5 in Global Patent Applications Ranking
Japan had 32,156 patent applications while China had 12,337 in 2010, according to World Intellectual Property Organization’s (WIPO) estimates. When most countries experienced a decline in patent applications growth last year, Japan managed to record a growth rate of 7.9 percent. While China, the world’s largest Internet market grew by a whopping 56.2 percent. ZTE […]
China’s Patent Development Strategy is Ambitious
China is huge in terms of population and economic power. It’s the world’s factory and has plenty of successful imitated technologies in the country. But to be a true global leader, China understands that it has to innovate rather than imitate. The solution is rather straightforward: promote innovation within the country by increasing patent counts. […]