Patent applications; residents in Austria

The Patent applications; residents in Austria was 2263.00 in 2009, according to a World Bank report, published in 2010. The Patent applications; residents in Austria was reported at 2298.00 in 2008, according to the World Bank. Patent applications are worldwide patent applications filed through the Patent Cooperation Treaty procedure or with a national patent office for exclusive rights for an invention--a product or process that provides a new way of doing something or offers a new technical solution to a problem. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years.This page includes a historical data chart, news and forecasts for Patent applications; residents in Austria. Ever since the end of the World War II, Austria has achieved sustained economic growth. In particular, the access to the single European market through European Union membership has brought economic benefits and challenges and has drawn an influx of foreign investors. Most important for Austria is the service sector generating the vast majority of Austria's GDP. Vienna has grown to finance and consulting metropolis and has established itself as the door to the East within the last decades.

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