By Elizabeth Ferrill and Jeffrey Smyth (November 30, 2021, 4:04 p.m. EST) – Even sophisticated companies familiar with intellectual property rights sometimes overlook the value that can be added by obtaining design patents.
Recent data provided by the World Intellectual Property Organization in “Global Intellectual Property Indicators 2021″ shows that companies are increasingly protecting their designs. According to the report, worldwide design filings increased 5.6% between 2019 and 2020, and the number of filings has increased year on year almost every year since 2006.
Moreover, the impressive number of design applications filed in China in 2020 – 770,362 – represents well over half of the applications filed worldwide, and that number …
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