This indicator shows the number of patents granted per million inhabitants in the Nordic region. All direct applications to the European Patent Office (EPO) are taken into account, but among the PCT applications (The Patent Cooperation Treaty) made to the EPO only those that have entered into the regional phase are counted. As PCT patent applications in the international phase designating the EPO will not be included in the calculation of patent applications to the EPO. Applications filed are not necessarily granted the following year as the processing time can be up to several years. The PCT is an international patent law treaty. It provides a unified procedure for filing patent applications to protect inventions in each of its contracting states. A patent application filed under the PCT is called an international application, or PCT application. The national and regional phase of PCT applications is entered after 30 months from the filing date of the international application or from the earliest priority date of the application if a priority is claimed. It is possible to enter the European regional phase at 31 months from the earliest priority date. National and regional phases can also be started earlier on the express request of the applicant. For more information:


Keywords: innovation, patent, entrepreneurship