South Korea
Patent Applications By Residents
180477
total applications by country residents- South Korea
- Global Median
Source: IMF
Definition of Patent Applications By Residents
Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years.
