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Norway leading in patent applications
05. September 10
A new OECD report shows that newly established (i.e. below or around 5 years old) Norwegian companies account for 21 % of the patent applications from Norway to EPO (the European Patent Office).
This might indicate that there is a growth in innovation among Norwegian companies, and that we as a country are not only relying on our more traditional means of income, e.g. oil and gas, fisheries and shipping. This is good news, especially in times like this with slow economic  growth.

The same OECD report also states the following: "In countries that are good at commercializing new ideas, such as America and Norway, even newly founded firms coin valuable intellectual property".
 
                                                                
 
Normally the number of Norwegian companies having filed patent applications have been much lower than e.g. the Danish companies. To compare, the percentage of filed patent applications of young Danish companies was 16.
 
The OECD has also found a clear link between number of filed patent application and the actual innovation in a company.

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