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PCT applications reach record high in 2007

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stats_feature.jpg The World Intellectual Property Organization (WIPO) has announced a record number of patent filings under its Patent Co-operation Treaty (PCT) in 2007.

According to a WIPO press release, 4.7% more applications were filed under the PCT compared to 2006, taking the total to 156 100 applications last year.

"The PCT remains an attractive option for businesses as it makes it easier for companies and inventors to obtain patent rights in multiple countries," WIPO Director Kamil Idris said.

"Strategic use of the patent system is a business imperative in today's knowledge-driven economy. The success of the PCT is largely due to the sustained use of the system by some of the world's foremost innovation-based companies," he added.

Six European countries - Germany (11.6% of all applications), France (4.1%), the United Kingdom (3.6%), the Netherlands (2.7%), Switzerland (2.4%) and Sweden (2.3%) - were among the top ten countries of origin, with Italy (1.9%) and Finland (1.3%) following close behind.

The growth in filing was particularly strong in north east Asia, which accounted for 25.8% of all international applications under the PCT.

Dr Idris said: "The growth in patent filings by a number of countries in north east Asia and their share of overall patenting activity is impressive and confirms the shifting patterns of innovation around the world. It is most encouraging to see clear evidence that countries in the region are embracing the tools of the international patent system to stimulate commercial activity and economic growth."

The EPO handles applications filed under the PCT.

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