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Tag: COVID-19 pandemic

Data-driven iteration helped China’s Genki Forest become a $6B beverage giant in 5 years

Rui Ma Contributor More posts by this contributor Factories Aren’t Dying To Take Your Order And...

Production of De Havilland turboprops key to negotiations as strike deadline nears

From City News 1130 – link to source story BY ROSS MAROWITS, THE CANADIAN PRESS | Jul 25, 2021 The exterior of the Bombardier...

Israel’s El Al Airlines Starts Flying to Morocco After Diplomatic Resolution Between the Two Countries

El Al Israel Airlines on Sunday launched nonstop flights to Marrakesh from Tel Aviv following a resumption of diplomatic ties last year between...

The Leading Firms for Australian Patent Filings in Financial Year 2021

The Leading Firms for Australian Patent Filings in Financial Year 2021

Top of the chartIt is common to summarise patent filing numbers over calendar years – back in January I reported on various filing statistics for 2020, and IP Australia did likewise in April.  For most Australian businesses, however – including patent attorney firms – the more important reporting period is the financial year ending on the 30th of June.  It is therefore interesting to look at patent filing numbers over the 12 month period commencing at the beginning of July, overall and for individual firms.  In this article I will report on filing performance in the 2021 financial year (‘FY21’), which ran from 1 July 2020 to 30 June 2021, as compared with the previous (and, to some extent, earlier) financial year.

Surprisingly, despite the global pandemic, and a decline in filings over the 2020 calendar year, the number of Australian standard patent applications filed in FY21 grew by 3.6% over FY20, largely due to a very strong first six months of 2021.  Innovation patent applications surged ridiculously, to more than three times their numbers in FY20, for reasons that have nothing to do with either the pandemic, or a genuine interest by most applicants in obtaining enforceable rights.  Unfortunately for the health of the Australian innovation ecosystem (and the patent attorneys that support it), filings of new provisional applications declined by nearly 5% in FY21.

The leading firms for patent filings in FY21 were mostly the well-known names you would expect to see, although a couple of smaller firms have slipped into the top 20 on the strength of large numbers of innovation patent filings, primarily made on behalf of Chinese applicants.  The benefit of the growth in standard applications has not been shared equally, with a couple of big name firms experiencing a decline in new filings, while others did much better than the overall 3.6% growth rate.

I have also looked at the numbers of some key prosecution events – namely new examination requests, responses to examination reports, and acceptances – over the past few financial years.  These indicate that the overall prosecution workload increased slightly in FY21, ensuring that patent attorneys (and examiners) were kept busy with the examination of earlier-filed applications, despite the ongoing pandemic.  Strong numbers of examination requests filed in FY21 suggest that this work will continue to flow into, and beyond, the current financial year.

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Air Canada anticipating recovery in demand as travel restrictions are eased

From CP24 – link to source story The tail of an Air Canada aircraft is seen at a hangar at the Toronto...

PropertyGuru, Southeast Asia’s Leading Digital Property Marketplace Group, Plans to Go Public in Partnership with Bridgetown 2

PropertyGuru is Southeast Asia’s #1 digital property marketplace with leading positions in Singapore, Vietnam, Malaysia and Thailand1 Transaction proceeds will be used...

Over 40% Of New Car Buyers Are Considering An Electrified Vehicle

Over 40% of those in the market for a new car are thinking about buying an electrified car, according to the latest EY...

Continuous Basalt Fiber Market to Grow by USD 135.06 Million in 2021-2025, ARMBASALT CJSC and BASTECH to Emerge as Key Contributors to Market Growth|...

Request Free sample report Impact of COVID-19The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is...

Extra Crunch roundup: Finding GTM, China’s edtech clampdown and how to define growth

Early-stage startups tend to claim that their go-to-market strategy is fully operational. In reality, GTM is a stark numbers game, and even with...

Air Canada Reports Second Quarter 2021 Results

MONTREAL, July 23, 2021 /CNW Telbec/ – Air Canada today reported financial results for the second quarter 2021. Operating revenues of $837 million, an increase...

Icelandair reports 2Q net loss of $54.9 million, but strong bookings going forward, happy with the 737 MAX

Icelandair Group reported a net loss of $54.9 million (USD) in the second quarter. Highlights: Extensive growth of our flight schedule 15 destinations re-introduced Weekly flights in...

Air Canada reports an operating loss of $1.133 billion

Air Canada today reported financial results for the second quarter 2021. Operating revenues of $837 million, an increase of $310 million or 59 per cent from the...

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