IP5 Release their Annual Statistics Report

IP5 Release their Annual Statistics Report

Good afternoon. The world’s five largest patent offices, also known as the IP5, recently released their annual Statistics Report. The Report analyzes and overviews the operations and patent procedures among the Offices, while also providing a means for gauging inventive activity, technology flow and comparing procedures. The members of the IP5 is comprised of the U.S. Department of Commerce’s United States Patent and Trademark Office (USPTO), the European Patent Office (EPO), the Japan Patent Office (JPO), the Korean Intellectual Property Office (KIPO), and the State Intellectual Property Office of the People’s Republic of China (SIPO). 

A brief summary of the 2013 Report: The IP5 granted almost 957,000 patents (an increase of 4% from the previous year), while 2.1 million patent applications were filed in the IP5 Offices (an increase of 11% from 2012). This Report provides data for the historical numbers of patent applications going back to the 1980s. Originally, this Statistics Report was released in 1983 as a project between the USPTO, EPO, and JPO. The 2011 Report was the first time SIPO was included, with all 5 Offices have participated ever since. 

The IP5 initially met in 2007 and now handle almost 90% of the world’s patent applications. Since then, they have aimed to improve the quality and efficiency of the examination process and learned how to better share information and technology between Offices. 

The complete report is available here to download. For inovia’s 2014 Global Patent and IP Trends Indicator, please click here. Please follow us on Twitter @inoviaIP for foreign patent filing updates. See you back here tomorrow!