Patent applications of residents reached 29.0 in 2019 in Ecuador, according to World Bank. This is 14.7 % less than in the previous year.
Historically, patent applications of residents in Ecuador reached an all time high of 45.0 in 2016 and an all time low of in. When compared to Ecuador's main peers, patent applications of residents in Brazil amounted to 5,464, 422 in Colombia, 34.0 in Panama and 137 in Peru in 2019.
Ecuador has been ranked 83rd within the group of 105 countries we follow in terms of patent applications of residents, 9 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.