South Korea: Patent applications by residents
(measure: patent applications; Source: The World Intellectual Property Organization)
* indicates monthly or quarterly data series
South Korea: Patent applications by residents: For that indicator, The World Intellectual Property Organization provides data for South Korea from 1960 to 2016. The average value for South Korea during that period was 45026 patent applications with a minumum of 545 patent applications in 1960 and a maximum of 167275 patent applications in 2015. 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.