PCT Filings Set New Record in 2007

2007 was another record-breaking year for international patent application filings, according to a recent press release by the World Intellectual Propety Organization. A total of 156,100 applications were filed last year, a 4.7 percent increase from the year before. The country with the most filings was the U.S., which accounted for 33.5 percent of new filings, followed by Japan with 17.8 percent and Germany with 11.6 percent. The Republic of Korea (#4) and China (#7) had the largest increases among the top ten countries. Canada (#12) accounted for 1.9 percent.