Monday, March 06, 2006

Singapore Investors Increase US Patents

The number of US patents granted to Singapore ivestors has almost tripled in the past five years to 3,913 at end-2005 - up from just 1,370 at end-2000 and a meagre 427 at end-1995.

These figures were taken from the US Patents and Trademarks Office by NUS Entrepreneurship Centre.

In South-east Asia, Singapore has almost 28 times more patents per 10,000 people than Malaysia, with 0.04, and about 15 per cent more than South Korea with 0.96. But Singapore still lags research giants such as the US, with 3.18 patents per 10,000 people, and Japan with 2.91.

In sheer numbers of patents held, the US and Japan are way ahead of the rest of the world. US-based inventors were granted 96,394 US patents in 2004 alone, while those in Japan received 37,616 patents.

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