Georgia: Patent applications by residents
* indicates monthly or quarterly data series
Georgia |
Patent applications by residents |
---|---|
Latest value | 90 |
Year | 2021 |
Measure | patent applications |
Data availability | 1992 - 2021 |
Average | 209 |
Min - Max | 75 - 502 |
Source | The World Intellectual Property Organization |
The latest value from 2021 is 90 patent applications, an increase from 81 patent applications in 2020. In comparison, the world average is 20444 patent applications, based on data from 112 countries. Historically, the average for Georgia from 1992 to 2021 is 209 patent applications. The minimum value, 75 patent applications, was reached in 2017 while the maximum of 502 patent applications was recorded in 1993.
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Definition: Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Innovation index | 29.94 | 2023 | points |
Research and development expenditure | 0.25 | 2021 | percent |
Information technology exports | 1.50 | 2021 | percent |
High tech exports | 39.45 | 2022 | million U.S. dollars |
High tech exports, percent of manufactured exports | 3.11 | 2022 | percent |
Patent applications by residents | 90 | 2021 | patent applications |