Patent applications of residents reached 2,039 in 2018 in Austria, according to World Bank. This is 1.64 % less than in the previous year.
Historically, patent applications of residents in Austria reached an all time high of 2,714 in 1965 and an all time low of 1,728 in 1995. When compared to Austria's main peers, patent applications of residents in Germany amounted to 46,617, 407 in Hungary, 8,921 in Italy and 1,283 in Switzerland in 2018.
Austria has been ranked 21st within the group of 112 countries we follow in terms of patent applications of residents, 1 places above the position seen 10 years ago.
Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention, a product or a process that provides a new way of doing something or offers a new technical solution to a problem.