Recession hits Ireland's innovation mojo as patent applications fall

The number of Irish companies inventing and designing new products has fallen sharply, new figures show.

1st September, 2012

The number of Irish companies inventing and designing new products has fallen sharply, new figures show. Statistics from the Irish Patent Office reveal that the number of Irish patent applications filed in 2011 fell by almost a third on 2010 figures and by almost half compared to 2009 figures.

In 2011, just 561 patent applications were filed to the Irish Patents Office, down from 792 applications in 2010 and 961 applications in 2009.

The figures come amid a growing focus on the value of...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago