MaxVal recently released its annual report on global patent publication trends, which revealed several interesting currents. The resulting data, which spans the past five years, helps unravel the complex tapestry of innovation, technological shifts and the driving forces shaping the intellectual property landscape. Given the amount of patent activity discovered in this report, corporate patent counsel stand to be busier and more challenged than ever.
Overall Trends
As shown above, patent publications for 2023 (top left) and the patent publications trend between 2019 and 2023 (top right) showed a marked increase in pending applications and granted patents. This signals that innovation is on the rise, and so is protection of those inventions by patent filings.
