MarketLine Blog

Posts tagged to Patents

Mapping Global Innovation

MarketLine

Technological innovation, often regarded as ‘the great growling engine of change’, has long been synonymous with powering economic development. Equally, through necessity, industrial growth helps to drive innovation and the creation of new technologies. Thus in theory at least, both economic and technological growth feed off each other to sustain and accelerate development. Yet in recent years the opposite has been the case; the global economy has gone through the pains of a financial crisis at a time when patent applications, which are a reasonably good measure of the level… Read more

China sets the pace in the global software industry

MarketLine

Despite continued piracy issues, the seemingly perpetual innovations in the technology sector and the spread of internet usage both help to drive solid growth in the global software market. The global software market grew by 6.1% in 2013, to reach a value of $554.5bn, representing a compound annual growth rate of 11.3% for the period spanning 2009-2013. Although growth has largely been seen across the board, increases were primarily driven by growth in the Asia-Pacific and Americas regions, as some European economies stagnated and demand for software remained relatively stable…. Read more