China ranks first in increase rate of domestic patent applications by foreigners = South Korea

An analysis of the annual growth rate of patent applications in South Korea over the past five years revealed that China had the highest growth rate by country. In the competition for global technological supremacy, China is the most active in acquiring patents in Korea.
It has been pointed out that the According to the “Recent Patent Application Trends and Technology Preemption Strategies” report by the Korea Economic Research Institute, an affiliate of the Korean Business Federation, over the past five years (2018-2018)
022) The average annual growth rate of foreign patent applications filed with the Korean Patent Office was 19.1% in China, 8.0% in the United States, and 0.5% in Europe.
On the other hand, the number of patent applications filed by foreigners in South Korea (2022 standard) totaled 53,885, accounting for approximately 22.7% of the total.
I met. The United States accounted for the largest share with 17,678 cases (35%), followed by Japan with 13,860 cases (27%), Europe with 12,936 cases (25%), and China with 6,320 cases (12%).
). Although China's patent penetration rate is still not large compared to Japan, the United States, and Europe, looking at the recent rate of increase, the rate of patent intrusion in China has increased markedly.
The report also states that ``Korean companies have the world's highest technology in specific fields and specific companies, such as semiconductors, secondary batteries, and digital communications.''
"Although they have the power, they are followers in other fields and lack the source technology for global competition."
This means that ``in order to eliminate patent applications that are biased toward specific fields, it is necessary to
It is also pointed out that the technical field of industry should be selected as a national strategic technology and research and development should be supported. Lee Kyu-seok, a deputy research member at the Korea Economic Research Institute, said, ``Domestic business combinations are the same as when the system was introduced.
Limitations have been pointed out, such as ``because the framework remains as it is, it is difficult to respond effectively to M&A examinations, and it is not in line with global standards'', and the regulations need to be improved.''
"We need to move away from government policies that have centered on previous regulations and create policies that create an ecosystem for technology trading."