Eurozone Compared by Industry > Patent applications > Nonresidents
DEFINITION:
Patent applications are applications filed with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years.
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Interesting observations about Industry > Patent applications > Nonresidents
- United States has had the highest patent applications > nonresidents since 1985.
- United Kingdom ranked first for patent applications > nonresidents amongst European Union in 2004.
- China ranked first for patent applications > nonresidents amongst Emerging markets in 2004.
- Germany ranked second for patent applications > nonresidents amongst Europe in 2004.
- Canada ranked first for patent applications > nonresidents amongst NATO countries in 2003.
- Russia ranked first for patent applications > nonresidents amongst Eastern Europe in 2004.
- Japan ranked second for patent applications > nonresidents amongst High income OECD countries in 2004.
- France ranked second for patent applications > nonresidents amongst Eurozone in 2004.
- Italy ranked last for patent applications > nonresidents amongst Group of 7 countries (G7) in 2000.
- Brazil ranked first for patent applications > nonresidents amongst Catholic countries in 2004.
