November 17, 2021

Why do patents not increase?

By Dr. Dimitris Kouzelis

Recent government publications show that spending in R&D, both public and private, increased by 80% between 2011 and 2020. This is certainly a positive evolution, if the spending is really going to R&D and not elsewhere. Despite this increase by 80% of spending in R&D, there is no increase at all in the number of patent applications. The article analyses the possible reasons for this gap: α. the lack of patent culture in the country, β. the orientation of the research institutes towards theoretical and fundamental research, instead of the applied one and ψ. the lack of Patent Attorneys. Nevertheless, we question the total absence of Industry from patenting and this lets us to believe that other activities may be presented as R&D in order to profit from the more favorable tax regime, when one invests in R&D.

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