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Austria registers more patents than ever before

Trends in patenting 2019 © European Patent Office (EPO)

Austrian companies once again enhanced their innovative strength in the year 2019. The 2,341 patent applications submitted to the European Patent Office (EPO) surpassed the previous record of 2,281 applications in 2018. This comprised a year-on-year rise of 2.6 percent. Accordingly, Austria continued its upward trend in applications over the past five years.

Weighted according to the population, Austria is rated seventh in the international EPA ranking with 265 patent applications per million inhabitants. In an international comparison, Austria places fourteenth out of 50 with regard to the total number of patents.

The most patents were registered in the segment of electrical machinery, apparatus and energy (2019: 249), followed by the field of transport (2019: 190). As in previous years, Borealis leads the list of applicants, registering 179 patents. Tritonic placed second with 77 patents registered, followed by AMS with 65. Once again, the most European patent applications originated in Vienna (614) in the year 2019. Upper Austria (478) and Styria (325) placed second and third respectively.

The Austrian Research Promotion Agency (FFG) supports patent registrations by financing 80% oft he costs up to a maximum of € 10.000 through a program called The Patent Voucher in order to make the process more appealing to Austrian companies and researchers. 

 

Find out more about Innovation in Austria: ING Innovtation Index: Austria among the most innovative countries in Europe

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