Innovation

PraxisUnico view on UK Patent Filing figures

The fall in the number of UK patents noted in the Thomson Reuters State of Innovation 2015 report is cited as a failure to commercialise research, but the number of patents filed is meaningless without knowing what percentage are granted, or noting how many registered patents make it to market.  The statistics are also skewed by the dominant position of the Chinese in numbers of patents filed but as pointed out recently by The Economist, those numbers are driven more by government targets than any “connection with the state of innova