The report is based on statistics from 150 national and regional intellectual property offices and WIPO as well as survey data and other industry sources. It is based on both subjective and objective data derived from several sources, including the International Telecommunication Union, the World Bank and the World Economic Forum. In terms of origin of applications, Chinese residents filed the highest number of patent, trademark and design applications. 14.12.2020. Key Facts. Key Points: The global growth in IP filings was driven by China which accounted for over 50% of IP filings including patents, trademarks and design. The CNIPA received applications containing 711,617 designs, followed by the EUIPO (113,319) and the IP offices of the Republic of Korea (69,360), the U.S. (49,848) and Turkey (46,202). 08 February. Lastly for designs, residents of the Republic of Korea and Germany ranked the second and third respectively. Global Intellectual Property Index 2020. Posted by samhitha; Categories GS PRELIMS AND MAINS; Comments 0 comment; Finance Minister … GIs are typically used for agricultural products, foodstuffs, handicrafts, industrial products, wines and spirit drinks. It released the UPSC Prelims 2020 Result on October 23, 2020, Friday. Four-year averages (2012-15) for four key indicators of technology transfer success are included in the Index: patents issued, licenses issued, licensing income, India will also have to consider if the new U.S. administration revives the Trans-Pacific Partnership trade deal in some form and brings in … In 2018, patent filings around the world exceeded by around 3.3 million, representing a 5.2% growth over 2017 figures. Ranking of Total IP Activities in 2019 Key Points: The global growth in IP filings was driven by China which accounted for over 50% of IP filings including patents, trademarks and design. The World Intellectual Property Organisation defines a GI as “a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin”. The World Intellectual Property Organisation or WIPO is a global body for the promotion and protection of Intellectual Property Rights (IPR). The Report also provided data as to the revenue generated by the trade and educational sections of the published industry of 21 countries. Published by: World intellectual property organisation (WIPO), Cornell University and INSEAD. Context: World Intellectual Property Indicators 2018 report was recently released in Geneva by the World Intellectual Property Organization (WIPO). For more information on UPSC 2021 exam, please check the linked page. Together, the top 20 offices accounted for 93.5% of all designs in applications. In 2018, patent filings around the world exceeded by around 3.3 million, representing a 5.2% growth over 2017 figures.. Asia accounted for two-thirds of these applications, being the global hub for IP applications. The Index evaluates the IP framework in each economy across 50 unique indicators … For trademarks, the order reversed with Japanese and American being the second and third top-fining applicant respectively. Intellectual Property Rights and GI tags News for UPSC Exam for Prelims 2020-21. Released by GIPC, the Index evaluates the IP infrastructure in each economy based on 45 unique indicators, which are critical to the growth of effective IP systems. Japan recorded the third top filing for patents and trademarks, while the Republic of Korea ranked third for design applications. Union Budget 2020-21. Press release from WIPO can be found: Link IAS Application process The … Read More. Global Innovation Index 2020 released Part of: GS Prelims and GS-III- Innovation. 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