Pct Hits The Meg Mark

The World Intellectual Property Organization announced on Friday that the one millionth international patent application had been filed nether the Patent Cooperation Treaty (PCT). This took only 26 years from the PCT scheme going alive inwards 1978. Said WIPO Director-General Kamal Idris:

"One 1000000 international patent applications translates into i 1000000 pieces of technology that accept entered the populace domain for the exercise goodness of gild at large. This reflects the contribution that the intellectual holding scheme makes to spurring technological evolution in addition to expanding the puddle of populace knowledge. While it took 22 years to have the starting fourth dimension one-half 1000000 PCT patent applications, it took solely four years to pinnacle the i 1000000 mark, reflecting an astonishing acceleration inwards the footstep of technological evolution in addition to unprecedented purpose of the international patent system. This is a rigid indication of the strategic importance of patents to work organisation in addition to broad-based recognition that the PCT offers a smart work organisation solution for companies seeking international patent protection".

The PCT facilitates the procedure of obtaining patent protection inwards to a greater extent than than 120 countries through the filing of a unmarried international application. The organisation declined to compass details nearly the i millionth application. The pinnacle users of the scheme come upward from the United States, amongst 35.7 per cent of requests inwards 2003, followed yesteryear Nihon (15.2 per cent) in addition to FRG (12.7 per cent). But the steepest growth since 2000 has been inwards Asian countries, notably PRC in addition to South Korea, according to WIPO data. Major electronics corporations are the biggest users, led yesteryear the Dutch work solid Philips amongst almost 10,000 applications betwixt 1995 in addition to 2003, Germany's Bosch grouping in addition to Matsushita of Japan.

The yesteryear ...




... in addition to the future?

wonders what a 1000000 patent applications agency inwards damage of translators' in addition to patent agents' fees, litigation costs in addition to the other petty expenses that assist to proceed the patent sector economically attractive for those who feed off it. Merpel to a greater extent than cynically wonders what proportion of those patents were never genuinely used.

Learning to dear patents here
Bustpatents.com here