Thursday February 27, 2020

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...

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