Regional Overview: IP development in Asia
Asia accounted for 47% of Patent Cooperation Treaty applications in 2016, compared to 25% for Europe and 23% for North America. Building an enforcement mechanism to further stimulate inventions and provide financial rewards will undoubtedly assist in the development of innovation in this region. In light of this, we have put together this handy infographic providing an overview of Asia’s IP development in four key nations and the extent to which these countries are harnessing IP to reap economic rewards.
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