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: World Intellectual Property Office (WIPO) published its annual report on Intellectual Property

The World Intellectual Property Organization released on Monday (03/12) its annual Intellectual Property Indicators Report, including global data on grants and applications for patents, trademarks, industrial designs, geographical indications and other intellectual property rights regarding the year 2017.

The number of patent applications worldwide was 3.17 million, an increase of 5.8% over the previous year, while the number of trademark applications was 12.39 million, and industrial designs, 1,24 million.

According to the report, 84.5% of total patent applications in 2017 belonged to the following five institutes: China, the European Patent Office, Japan, the United States, and South Korea. In trademarks, the Asian institutes had 66.6% of the total amount of applications, followed by Europe (17.7%) and North America (6.4%). Together, Africa, Oceania, Latin America, and the Caribbean represented 9.2% of applications.

This year the report also included, for the first time, statistics on the publishing industry, whose revenue was $ 248 billion in 2017. The United States sold 2,693 million copies of published titles, followed by the United Kingdom (647 (617 million) and France (430 million).

*Translated and adapted from the BPTO’s official web page. You can find the original publication here and the original report from WIPO here.

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