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