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Patent applications in Europe reached record high in 2021

Patent applications in Europe reached record high in 2021

The rate of new inventions has continued to increase with the European Patent Office (EPO) receiving 188,600 applications in 2021, a 4.5% increase on the previous year and the highest number to date. The number of patent applications –  an early indicator of companies’ investments in research and development – increased in nine of the top ten most patent-active fields of technology, with digital communication and computer technology posting the strongest growth. More…