We recently launched our 8th annual Global Patent & IP Trends Indicator. The report gives patent professionals an insight into the IP world and highlights how your colleagues are affected by the changing patent landscape. IP Watchdog recently covered the Indicator and sat down with RWS ‘ Justin Simpson for an interview.
IP Watchdog mentioned several statistics from the report including that more than 73% of respondents filed patents in four or more countries in 2016. This is something that Simpson accounts to the increased globalization within the intellectual property space. 87% of respondents have been filing into BRIC countries for the last five years, showing that the world is getting smaller.
Despite the increased number of international patent application filings, one-third of the survey respondents had their IP budgets reduced during 2016. Simpson accounts this to the patentability of software and the reduced amount of freedom in the sector; whilst inventors may have filed all five of their inventions 15 years ago, now they may just file one or two, thus leading to a reduced budget overall.
Download the full Global Patent & IP Trends Indicator by clicking here. Feel free to get in contact with your closest RWS office with any questions.
Good morning. I hope everyone is having a productive and restful start to the New Year. Let’s get right down to it, read below for the latest headlines in foreign filing news:
- In case you missed it: inovia released their 2014 Year in Review! Last year, we launched a new website, became the #1 filer of PCT applications in the world and expanded our agent network. Click here to read this, as well as the top PCT national stage filing destinations for our clients.
- IP Watchdog also released a year end article, this time inviting industry leaders to make patent and intellectual property wishes for 2015. Read more here.
- If you file trademarks electronically, it’s about to get a lot less expensive. The USPTO recently announced a reduction in fees beginning January 17, 2015.
- Fun patent of the day: Apple recently patented a phone where bending is a feature and not a flaw. Interesting!
Check back next week for more updates. Also, follow us on Twitter @inoviaIP and LinkedIn to stay in touch.