The figures were published in WIPO’s World IP Indicators 2019 report today, October 16. Findings of the Report. World Intellectual Property Organization (WIPO) has released the World Intellectual Property Indicators 2019. UPSC Notification 2020 was released by Union Public Service Commission(UPSC) on February 12. Switzerland is the most innovative economy, followed by Sweden, US, Netherlands and United Kingdom. According to WIPO’s annual World Intellectual Property Indicators (WIPI) report, China accounted for nearly half global patent filings in 2018. The CNIPA, USPTO, JPO, and European Union Intellectual Property Office are among the leading offices in terms of trademark filings received by class count in 2018, with the Iranian IP office rounding off the top five (384,338) last year. This is the 12th edition of the GII rankings of 129 economies based on 80 indicators. In 2018, patent filings around the world exceeded by around 3.3 million, representing a 5.2% growth over 2017 figures. Last year’s number was more than double the 6,022 patents granted in 2015, according to WIPO statistics. The index is released by Cornell University U.S, World Intellectual Property Organization (WIPO) and INSEAD (a France based International Business School). This was disclosed by the World Intellectual Property Organization (WIPO) during the launch of its report, “World Intellectual Property Indicators“. ; It also includes other types of rights, such as trade secrets, publicity rights, moral rights, and rights against unfair competition. The UPSC IAS notification was issued for 796 vacancies. Intellectual property (IP) is a category of property that includes intangible creations of the human intellect, and primarily encompasses copyrights, patents and trademarks. Intellectual Property Rights (IPRs) According to the United Nations, World Intellectual Property Indicators Report-2019, global Intellectual Property (IP) filing activity continued to grow at a rapid pace. Our vision is to orient the readers to grasp the facts objectively and analyse critically. Drawing on 2018 filing, registration and renewals statistics from national and regional IP offices and WIPO, it covers patents, utility models, trademarks, industrial designs, microorganisms, plant variety protection and geographical indications. China (+11.6%), the EPO (+4.7%) and South Korea (+2.5%), meanwhile, all experienced “record growth”, WIPO said. In News- Recently, the World Intellectual Property Indicators-2019 report revealed that India is ranked among the top ten nations in the total (resident and abroad) Intellectual Property (IP) … The UK Intellectual Property Office (IPO) ranked 12th for patent filings, receiving 20,941 in 2018, a decline of 5% on the previous year. “Offices located in Asia accounted for 70% of all trademark filing activity in 2018, up from 36.2% in 2008,” WIPO said. India is also a member of World Intellectual Property Organization, a body responsible for the promotion of the protection of intellectual property rights throughout the world. Patent filings at the USPTO declined by 1.6%, the first time filings have fallen year on year since 2009. Why in News. We bring the articles in UPSC way for the civil services aspirants and the Wisest Way for general readers. This authoritative report analyzes IP activity around the globe. Switzerland is the world’s most innovative country followed by Sweden, the United States of America (U.S.), the Netherlands and the United Kingdom (U.K.) India improved its rank in the Global Innovation Index to 52nd, in 2019, making a significant jump of 5 places in a year. India also outperformed on innovation relative to its GDP per capita for nine consecutive years, only matched by three other countries. by Team NEXT IAS July 17, 2020. In news: India improved its ranking in Global Innovation Index, 2019 by five notches to 52nd position in a survey of innovative capacity among 129 countries by the World Intellectual Property Organisation (WIPO). As per World Intellectual Property Indicators 2019, India accounts for second highest number of Patents applications filed in … The World Intellectual Property Organization (WIPO), together with INSEAD and Cornell University, published the 2019 Global Innovation Index (GII). The World Intellectual Property Organisation or WIPO is a global body for the promotion and protection of Intellectual Property Rights (IPR). The recent data published by the Geneva-based World Intellectual Property Organization (WIPO) has shown that India filed less than 1% of the global patent applications with total filings of 2,053 in 2019. China’s patent authority led the world in the number of patents granted with 420,144 and was followed by the US with 318,829, according to the WIPO. WORLD INTELLECTUAL PROPERTY INDICATORS 2019. World Intellectual Property Indicators-2019 Report. Habitat … Continue … The Chinese National Intellectual Property Administration (CNIPA) received a record 1.54 million patent applications last year, 46.4% of the global total. The patents granted by India increased from 8,248 in 2016 to 12,387 last year, a/c to the WIPO’s World Intellectual Property Indicators 2018 report released in Geneva. 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