The pace of global innovation slowed last year, as the volume of patented inventions from China dipped. This is one of the findings of research company Clarivate Analytics in its latest report, “State of Innovation”, released recently. Compared to 2015’s global volume of patented inventions increasing by 14%, growth in 2016 was only 8%, said the report. China now accounts for over six of every ten patented inventions worldwide. The country experienced a drop in patenting activity with 9% year-on-year growth last year, compared with 25% growth in the year before. The report covers 12 different industries and focuses on inventions and research trends in each, with the data being compiled from analysis of more than 18,000 scientific and scholarly journals, 71 million global patents and proceedings papers, book chapters and other materials.

Source: WIPR