PATENTS: INDICATORS OF TECHNOLOGICAL DEVELOPMENT

Abstract

Patent data and analysis serves as a rich and fruitful platform of providing information to be used for comparative studies, analysis and trends determination. In recent years, these data sets are considered as one of the major indicators and drivers for enhancing country & national competitiveness. It has also been seen that many of the developed countries have been active in enforcing and emphasizing on the Intellectual Property protection. There have been many indicators proposed in the previous statistical analysis which have focused on patent application counts. However, the same have not been able to cover broad dimensions of patenting research and its impact analysis for the country’s economy. The objective of the current research is to showcase the various indicators that can be developed from patent information and use them in an amalgamated manner to rank the technological development of 30 OECD member countries till 2013. One of the patenting indicators is analyzed in detail at the global & regional level. Further, patenting trends in the upcoming and recently developing ICT domain are analyzed. The study concludes by comparing these countries with each other and also as per their ranking in 2007 conducted in the past.