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Wednesday, July 18, 2018

Patent Efficiency Ranking

In terms of patent efficiency, it costs much more for the US and UK than China, South Korea and Russia to produce a high-quality patent that gets granted. Both the US and UK produce approximately 600 patents per $1 billion of research expenditure. Analyzing Patent Efficiency, converting $1B in R&D to patent grants, illustrates that Switzerland and South Korea generate the highest number of issued patents per R&D dollar.
Patent Efficiency ranking:
2. South Korea
3. Russia
4. Total EU
5. Total China
8. Canada
10. U.K
12. India
13. Brazil

Source: patsnap