IP Australia has published the seventh edition of its Australian Intellectual Property (IP) Report.
With enhanced data visualisations, the report covers recent trends and changes in IP activity and is a resource which can inform public discussion on innovation and entrepreneurship, both domestically and internationally.
Announcing the new report, IP Australia said the latest statistics revealed that all IP rights applications continued to grow year-on-year, reflecting the contribution the IP system had made to Australia’s economic growth over the past 26 years.
The report shows that Australian residents recorded strong growth in applications for patents (up nine per cent), design rights (up eight per cent) and plant breeder’s rights (up 13 per cent).
It reveals NSW as the largest source of patent applications compared to other States and also as the leading State in terms of domestic growth, which was consistent with the concentration of innovation and entrepreneurship in Sydney.
“In 2018, we received 29,957 patent applications,” IP Australia said.
“Strong growth came in applications from Australian residents, rising nine per cent since 2017.”
It said the United States, Japan, Germany and United Kingdom remained the top international countries of origin for patent filings in 2018.
“There were 79,490 trade mark applications filed in 2018, up four per cent from 2017.
“The largest share (58 per cent) came from Australian residents, but the largest growth was in non-resident filings (11 per cent).”
It said that in addition to statistics, the report showcases research and analysis undertaken by IP Australia.
“Studies examine the phenomenon of ‘trade mark cluttering’, a situation that arises if a trade mark register becomes cluttered with out-of-use and overly broad trade marks; and the use of design rights within Australia and how Australia compares to its international peers,” the Agency said.
The 45-page report can be accessed on the IP Australia website at this PS News link.
