US firm ranks ETRI first for number of patents granted

The Electronics and Telecommunications Research Institute (ETRI) yesterday announced it topped an American patent chart for the third consecutive year in an overall evaluation, followed by the Massachusetts Institute of Technology, University of California and Stanford University.

Collected by ipIQ Global, a U.S.-based patent assessment firm, the Innovation Anchor Scorecard shows the rankings of 280 research institutes, universities and government agencies across the world. The overall score is based on each company’s technical and research strength, the numbers of patents granted and the frequency at which the patents are referred to in the industry.

However, ETRI ranked eighth when it came to frequency of reference, even though it registered 883 patents, almost three times more than MIT.