Munich, December 10, 2020: Study reveals largest innovation clusters for fourth industrial revolution technologies all located in Asia or US – Shepard Fox promotes study via media relations in China, Japan, South Korea, the US
A study published by the European Patent Office (EPO) shows that innovation in fourth industrial revolution (4IR) technologies has accelerated significantly worldwide. Global patent filings for these technologies, which concern smart connected objects and span the Internet of Things, big data, 5G, and artificial intelligence (AI), grew at an average annual rate of almost 20% – nearly five times faster than the average of all technology fields.
The study also shows that innovation is concentrated in certain regional clusters of innovation around the world, The top 20 4IR clusters are jointly responsible for well over half of all innovations. The regional ranking is topped by 13 Asian and US clusters, followed by seven clusters located in Europe and the Middle East.
Shepard Fox supported the EPO in generating media content on the basis of the study, producing local press releases in the respective language for China, Japan, South Korea, the U.S., as well as for European countries including Sweden, Finland, and the Netherlands. Furthermore Shepard Fox supported the EPO by local distribution of the press releases, reaching out to key media in each of the countries as well as by arranging media interviews with the authors of the study, and monitoring media for media coverage.