China owns over 11,000 German patents - One in three inventions developed in Germany owned by a foreign entity
China has taken ownership of more than 11,300 patents developed in Germany over the past two decades, according to a study by the German Economic Institute commissioned by the Bertelsmann Foundation. Almost one in three inventions developed in Germany are owned by a foreign entity. Of these, almost a third are held by American owners and about 11% by Swiss owners, the study showed.
The change is particularly pronounced in mechanical engineering, where patent applications rose to 4,300 in 2022 from 3,300 in 2000. According to the study, China had been particularly active in acquiring technologies in this sector.
Beijing strategically targeted Western acquisitions while keeping its own market relatively closed to foreign investors. According to the study's authors, this is an imbalance and Europe should take a closer look at where strategically important technologies are migrating.
Germany's domestic innovation strength is weakening due to insufficient investment in research and development. Germany ranked third in the world in terms of R&D spending in 2000, when its spending was twice as high as China's, but had fallen to sixth place by 2021.
China, by contrast, has increased its R&D spending twentyfold over that period, the institute said.
How will the Palace of Congresses be transformed? - Ready for redevelopment, Rama: Another tourist destination in Tirana
The Congress Palace building in Tirana will have a new "face", as work will soon begin on its redevelopment, to provide a modern and multifunctional......
Construction permit procedures change - New rules, deadlines for unfinished buildings extended
The new amendments that the Government has made to the Territorial Development Regulation enter into force in the Official Gazette. The amendments affect the......
Exchange rate/ US dollar weakens. Pound gains points again
The US dollar has registered a slight decrease in value today compared to the previous day, being bought this Tuesday morning at 81.4 lek and being sold at......
France attracts 93 billion euros in foreign investment - Half of this amount for SoftBank data centers
Foreign companies have pledged to invest 93 billion euros in France, with half of it to be invested by a SoftBank-backed fund for data center......
The 5 most subsidized sectors of global industry - OECD report: Solar panel production, semiconductors, aluminum, steel
Government subsidies to industry have reached their highest level since the global financial crisis, according to a report by the Organization for Economic......
100 billion euros for energy in the EU, blocked - Why are Europeans waiting years for clean energy?
More than €100 billion worth of renewables are stuck in Europe’s aging energy grid, as communities across the continent wait years for solar panels. A new......
Greece and Italy, "champions" in the Golden Visa - Historical high level in wealth migration
Greece and Italy are emerging as the top global destinations for Golden Visa investment programs in 2026, according to the Economist. The new trend reflects......
Redevelopment of the Congress Palace/ 5 architectural studios present projects
Five international architectural studios are presenting projects for the redevelopment of the Palace of Congresses. Present at the international competition,......
