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[Infographic] The World Of Patents In Europe

Patents, as we know, is a way for companies big and small to defend their intellectual property. Patents defend a company’s right to use their own proprietary intellectual property, while stopping competitors from abusing their use. It’s also why patent filings have been on the increase across the world – in Europe, the total number of patent filings in 2013 rose 2.8% from 2012.

But filing patents isn’t guaranteed – did you know for example that there were 265, 690 European patent filings in 2013 but only 66,712 were granted? That’s a success rate of just 1 in 4. But that’s not stopping many companies from trying – Samsung, for example, filed 2833 patents in Europe last year, above Siemens at 1974.

Here’s an infographic by James Sherwin of solictors¬†Sherwin O’Riordan¬†that shows you some interesting facts and figures in the world of European patents.

Patents-in-Europe

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Daniel Goh is the founder and chief editor of Young | Upstarts, as well as an F&B entrepreneur. Daniel has a background in public relations, and is interested in issues in entrepreneurship, small business, marketing, public relations and the online space. He can be reached at daniel [at] youngupstarts [dot] com.

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