According to 2021 WIPO data, China was granted the most new patents with 607,758, surpassing the United States.
Every year, the UN’s World Intellectual Property Organization (WIPO) tracks hundreds of thousands of patents across industries.
These patents grant their inventors exclusive intellectual property rights over their creations. They encourage new ideas, spur scientific development, and lead to new technologies and entire sectors being born.
However, the number of patents granted...