World Intellectual Property Report 2019

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...