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Posts Tagged: "EPO Patent Index 2020"

Thriving in Turbulent Times by Unleashing the Full Potential of Innovation Data

A decade of consecutive, annual growth in patent application activity worldwide came to a sudden halt in 2020. The pandemic has upended many aspects of business, including patent activity. Filings at the European Patent Office (EPO) may have dipped just 0.7% last year but findings from the World Intellectual Property Organization (WIPO) revealed a 3% drop in filings globally. While broad insights can be extracted from analyzing patent filing activity, as revealed by the EPO’s latest Patent Index, increasingly, organizations are looking for more. With the complexities of today’s business environment exacerbated by the pandemic, businesses seek deeper intelligence and the ability to connect different data points that can translate into actionable insights that support faster, better decisions.

EPO Patent Index 2020 Underscores Sharp Rise of China as Global Tech Giant

On March 16, the European Patent Office (EPO) released the Patent Index 2020, which gives the public a snapshot view of the filing activities going on at the EU’s patent granting agency during the past year. Total patent application filings declined only slightly during 2020 to just over 180,000 patent applications, a reduction of 0.7% compared to the EPO’s 2019 patent filing totals. Despite a 4.1% decrease in patent application filings at the EPO, the United States still held the top spot among individual countries with 44,293 EPO patent filings. Patent application filing totals also dropped in Germany (down 3% to 25,954 filings) and Japan (down 1.1% to 21,841). The United States, Germany and Japan were ranked first, second and third, respectively, in the EPO Patent Index 2020.