The Billion Dollar Mistake

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“..there are over one million patent applications filed annually but only 50% – 70% of them result in a granted patent.“

Hundreds of thousands of patent applications are filed every year in the US and EU. Over 500,000 patent applications are filed per year in the US, but only around 300,000 granted patents are issued. Similarly, about 150,000 patent applications are filed every year at the EPO, but only around 60,000 granted patents are issued. This means that globally, there are over one million patent applications filed annually but only 50% – 70% of them result in a granted patent.

Download this whitepaper to learn about:

  • Why some patents are rejected
  • What happens if you let a patent lapse
  • The ideas and options to consider when patenting

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