(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:
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.
Most of this somehow missed by our mainstream media.