As per the World Intellectual Property Organization (WIPO), China emerged as the top source of international patent applications filed with it in the year 2019. Which of the following countries held this place in the year 2018?
Singapore
Incorrect AnswerSouth Korea
Incorrect AnswerExplanation:
- The World Intellectual Property Organization (WIPO) tracks the number of international patent applications through the Patent Cooperation Treaty (PCT) system.
- In 2019, China became the top source, surpassing all other countries.
- Before 2019, the United States held this top spot for several years.
- Option 1: Singapore—Singapore files relatively fewer international patents compared to the major economies.
- Option 2: Japan—Japan is a leading country for patent applications but was not number 1 in 2018.
- Option 3: USA—The United States was the leading source of international patent filings in 2018.
- Option 4: South Korea—South Korea is significant in innovation, but also not at the top in 2018.
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By: santosh