Earlier this month the World Intellectual Property Organization released its biennial report on the global state of innovation and intellectual property. A key finding was that innovative activity was increasingly collaborative and transnational, while originating in a few large clusters located in a small number of countries. The report identified 30 metropolitan "hotspots", mostly based in the US, Japan, Germany, China and South Korea, that accounted for 69 percent of patents and 48 percent of scientific activity during 2015-2017.
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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
