Good morning. We are pleased to announce that our annual report, the 2017 Global Patent & IP Trends Indicator was released earlier this morning. Now in its eighth year, the Indicator has become a go-to resource for identifying the trends having the greatest impact on the foreign filing strategies of patentees around the world.
This year’s survey confirms something our readers already know – it’s a tough job being an in-house IP counsel. They are expected to keep track of IP developments and trends not only locally, but internationally. In-house counsel must also be able to predict laws and the consequences of court decisions well into the future.
Our IP Trends Indicator gives you a view into what your IP colleagues are doing to keep up with the changing patent landscape. If you are in private practice, you will find plenty of insight into what your in-house clients are facing, so you can better advise and serve them.
This year’s survey showed that overall patent activity and international filing rates rose in 2016 with over 41% of those polled having filed more than half of their patent applications overseas in 2016 (compared to just 34% filing more than half abroad in 2015). The report also shows an increase in the number of patents filed, as nearly three quarters of respondents filed more than four patents, with 24% filing 50 or more (up from 16% in 2015).
This year’s Indicator also reflects an increase in the number of countries where patents were filed compared to 2015. More than 73% of respondents filed patents in four or more countries (up from 62% filing into four or more in 2015). With the increased volume of countries targeted, patent filings expanded into new markets led by destinations in South America and Asia. The overwhelming majority of those (96%) were filed through the Patent Cooperation Treaty (PCT).
You can view the full report by clicking here.