China broke into the world’s top 20 most-innovative economies as Switzerland retained its number-one spot in the Global Innovation Index (GII) ranking published annually by Cornell University, INSEAD and the World Intellectual Property Organization (WIPO). Rounding out the GII 2018 top ten: The Netherlands, Sweden, the United Kingdom, Singapore, United States of America, Finland, Denmark, Germany and Ireland.
The Republic of Korea is adopting WIPO’s ground-breaking “artificial intelligence”-based translation tool for patent documents, making it the first member state to use WIPO Translate in an important advancement for the use of machine learning in the technology-heavy patent sector.
The fields of biotechnology, pharmaceuticals and chemistry show the highest rates of women named as inventors in international patent applications filed via WIPO, new figures indicate, as World IP Day 2018 celebrates women driving positive change across the globe.
China moved into the second position as a source of international patent applications filed via WIPO in 2017, closing in on long-time leader United States of America, in another record year in the use of WIPO's intellectual property services for patents, trademarks and industrial designs.
Three industries – banking and finance, fashion, and internet and IT – accounted for nearly one-third of all cybersquatting disputes handled by WIPO’s Arbitration and Mediation Center in 2017 as trademark owners filed an all-time high of 3,074 WIPO cases under the Uniform Domain Name Dispute Resolution Policy (UDRP).