Scottish economy is thriving on innovation as patent filing runs at 4 times the UK rate


(c) Drug Patents International

Growth in patent filing is one of many indicators of a thriving economy. The rate in Scotland for 2017 was up 9.7% compared to the UK figure of 2.4%

From the Scottish Financial News yesterday:

‘The dynamism of the Scottish economy is reflected in these latest statistics from the EPO which shows Scotland to be an innovation hotspot. By filing with the EPO, businesses from the region are protecting their IP both at home, and in key overseas markets, ensuring Scottish innovation is successful globally.’

Regular readers will know this is one more in a steady stream of good news stories about the Scottish economy, reminding us that the GDP and GERs figures popular with our media detractors are of little relevance for the aim of Scottish independence. Here are only some of them:

Reports of a strong Scottish economy just keep coming. Now debt decrees down 93% in the last three months

More evidence Scottish economy is strong: Demand for office space in Glasgow highest for ten years

Business booms in Scotland under SNP-rule

77% of Scotland’s small and medium-sized businesses report success as Scottish Government reports record numbers exempt from rates and in the wake of figures revealing much greater signs of distress among rUK businesses.

Scottish businesses report much greater optimism about their futures for the third quarter in a row but the Fraser of Allander ‘Institute’ can’t help scratching their ‘buts’.

Scottish businesses continue to show signs of health with insolvencies down 23% as the Scottish economy holds strong

Ruth and Kezia sob as they hear Scotland is ranked as the best place in the UK to start a business. Will this good news never end?

Scottish businesses showing signs of greater health than those in the rest of the UK

Most of this somehow missed by our mainstream media.


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