(measure: patent applications; Source: The World Intellectual Property Organization)
* indicates monthly or quarterly data series
Monaco: Patent applications by residents
For that indicator, we provide data for Monaco from 1980 to 2018. The average value for Monaco during that period was 10 patent applications with a minimum of 2 patent applications in 2005 and a maximum of 21 patent applications in 1990.
The latest value from 2018 is 4 patent applications. For comparison, the world average in 2018 based on 117
countries is 20296 patent applications.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
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.