U.S. patents dip in 2018 as China’s share grows

U.S. patents dip in 2018 as China’s share grows

Innovation


China was the only country in the top 10 to actually show an increase in U.S. patent activity in 2018.

Next top 5 countries i.e. (6-10) are: Taiwan, France, Great Britain, and Canada.

Chinese companies were received 12,589 U.S. patents in 2018, a 12% jump on the year and a 10-fold increase over the 1,223 they received a decade ago.

Overall, the USPTO issued just over 308,850 utility patents in 2018, according to IFI. This is down 3.5 percent from 2017, when the patent office issued 320,003 utility patents, the most ever. “After many years of growth, we're seeing a decline in U.S. patent grants for 2018

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