Comparative Study to Determine Impact of Patent Filing on Growth of the Country

By : Anupam Sharma , Kartik Singla

Page No: 441-448

Abstract
An attempt has been made in this study to present an overview of the annual patenting intensity of China, the US, Japan, Rep. Korea, and India. Patent data originating from these countries from 2005 to 2014, filed through World Intellectual Property Organization (WIPO), European Patent Office, and the United States Patent were collected and analysed. Gross Domestic Product (GDP) is one of the measuring scales of economic growth. This article examines the growth rate of the country in context to the patent filling. Results depicts that differences in patent activity are dependent upon both the size of the economy and the level of development. So it is interesting to articulate that the numbers of patent applications are relative to GDP, population, research and development spending, and other variables (commonly referred to as ‘patent activity intensity’ indicators) also contributes.

Authors :
Anupam Sharma : Assistant Professor, School of Humanities and Social Sciences, Thapar University, Patiala, India
Kartik Singla : Final year B. Tech. Student, Thapar University, Patiala, India