In 2022, for the second year running, the number of standard patent applications filed in Australia exceeded 30,000. While there was a slight decline of 0.5% compared with 2021, filings remained at a historic high. This was, however, primarily due to continuing growth of nearly 1% in applications originating overseas. Applications from Australian residents fell by 16.6%, returning to around the same level as between 2016 and 2020 following a bumper year in 2021 that was driven substantially by applicants wishing to secure a filing date prior to the phase-out of the innovation patent system. Also disappointing was a continuing decline in the number of provisional applications filed. Provisional filings have not been as low as they are now since the mid-1980s. Read more
Wednesday, February 8 2023 \ Published by Patentology.