{"id":26674,"title":"World Class Patents in Cutting-Edge Technologies","link":"https:\/\/bst-europe.eu\/de\/competitiveness-innovation\/patents-worldwide-world-class-patents-in-cutting-edge-technologies\/","date":"3. Juni 2020","date_unix":1591170732,"date_modified_unix":1747998973,"date_iso":"2020-06-03T07:52:12+00:00","content":"

Who is leading the world in intellectual property? Our new study<\/a> sets out to answer this question by focusing on the most important patents in fields of research: those that will be crucial for future prosperity. The results: The United States is the dominant patent superpower, but China is catching up fast. Europe, meanwhile, slowly but surely is dropping down the order.\u00a0 <\/em><\/p>\n

As innovation goes, so goes the economy<\/strong><\/h3>\n

Innovation is crucial for economic success. And patents, in turn, form the fundamental foundation of innovation. As a result, numerous studies have relied on patents as an indicator of a nation\u2019s future competitiveness. So, nothing new to see here? No, far from it! Our latest study breaks with the usual approach in three ways: First, it takes into account the huge differences in the quality of patents and standards of patent definitions by focusing only on the ten percent most important patents<\/strong> \u2013 what we call \u201cworld-class patents.<\/strong>\u201d<\/p>\n

Second, it restricts itself to 58 cutting-edge technologies<\/strong>, such as blockchain, 5G, or smart grid (see Race Bare Chart below). Third, it does not merely count patent applications but assesses the active patent portfolio at a given date \u2013 thus taking a snapshot of active patents rather than just counting newcomers.<\/p>\n

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