Foreign Patent Filings Dropped To Cut Costs: Study

Law360, New York (March 1, 2011, 3:25 PM EST) -- In an effort to control costs, U.S. companies are seeking to reduce the number of patent applications they file overseas, with Japan frequently being dropped as a filing destination, according to a report released Monday.

Inovia LLC, a provider of foreign filing platforms, conducted the survey by polling 150 small and midsize U.S. companies about their foreign patent filing activities and found that 25 percent of respondents stopped filing applications in certain countries last year due to high costs.

Of the respondents who dropped countries, 45...
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