Falling Patent Quality Hits Innovation, Says OECD
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The quality of patent filings has fallen dramatically over the past two decades, claims a report by the Organisation for Economic Co-operation and Development (OECD). The rush to protect even minor improvements in products or services is overburdening patent offices, which in turn slows the time to market for true innovations and reduces the potential for breakthrough inventions they claim. The Science, Technology and Industry Scoreboard 2011 finds that patent quality has declined by an average of around 20 per cent between the 1990s and 2000s, a pattern seen in nearly all countries studied.
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