Economy > Innovation > Patent applications, residents per million: Countries Compared
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DEFINITION:
Patent applications, residents. Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years. Figures expressed per million population for the same year.
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Interesting observations about Economy > Innovation > Patent applications, residents per million
- Germany ranked first for innovation > patent applications, residents per million amongst Europe in 2011.
- United States ranked first for innovation > patent applications, residents per million amongst Cold countries in 2011.
- China ranked first for innovation > patent applications, residents per million amongst Emerging markets in 2011.
- South Korea ranked first for innovation > patent applications, residents per million amongst High income OECD countries in 2011.
- Japan has ranked in the top 2 for innovation > patent applications, residents per million since 1968.
- Canada ranked last for innovation > patent applications, residents per million amongst Group of 7 countries (G7) in 2011.
- Russia ranked first for innovation > patent applications, residents per million amongst Former Soviet republics in 2011.
- Finland ranked second for innovation > patent applications, residents per million amongst European Union in 2011.
- Denmark ranked second for innovation > patent applications, residents per million amongst NATO countries in 2011.
- Slovenia ranked first for innovation > patent applications, residents per million amongst Eastern Europe in 2010.