In temporary: The United States Patent and Trademark Office (USPTO) granted 352,013 patents in 2020, a dip of simply 0.69 p.c in comparison with the earlier year. Both years had been up considerably from 2018 when solely 307,761 US patents had been granted in response to IFI Claims Patent Services.
2020 additionally noticed a rise in submitted functions. At 413,176, the determine was up more than 4.75 p.c in comparison with 2019.
At first look, it could appear as if the pandemic hasn’t had a lot of an influence on innovation. According to IFI Claims Patent Services, nonetheless, it might be untimely to conclude that Covid-19 hasn’t affected patent filings.
Per the publication, the efficient interval between submitting an utility and getting revealed can take as much as 18 months. As such, we might want to wait no less than two more years then reevaluate the numbers from 2020 onward.
Unsurprisingly, the US led the best way in phrases of the variety of US granted patents in 2020 with 164,379. The subsequent closest nation was Japan with 52,421 granted patents, adopted by South Korea at simply 22,400.
Individually, IBM completed in first place with 9,130 awarded patents, main the trade in fields equivalent to synthetic intelligence, cloud applied sciences and quantum computing. Samsung earned the silver with 6,415 patents granted adopted by Canon, Microsoft and Intel at 3,225, 2,905 and a pair of,867 patents awarded, respectively.