Sunday, January 02, 2011

From China with patents.

NYT reports on China's ambitions in technological creativity:

In 2009, about 300,000 applications for utility patents were filed in China, roughly equal to its total of invention patents, which have been growing slightly faster than utility filings in recent years. But even if just half of China’s total filings in 2015 are for invention patents, the national plan calls for a huge leap, to one million, by 2015. By contrast, patent filings in the United States totaled slightly more than 480,000 in the 12 months ended in September, according to the patent office.

China’s patent surge has been evident for years. In October, Thomson Reuters issued a research report, forecasting that China would surpass the United States in patent filings in 2011. “It’s happening even faster than we expected,” said Bob Stembridge, an intellectual-property analyst at Thomson Reuters.

Here's a link to an English translation of the original Chinese Government's IP development strategy document.

It looks like they are going for quantity, which is not necessarily a bad idea during a period of rapid growth.

tags: patent, china, strategy, innovation, invention, growth

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