US patents hit record 333,530 granted in 2019; IBM, Samsung (not the FAANGs) lead the pack

US patents hit record 333,530 granted in 2019; IBM, Samsung (not the FAANGs) lead the pack

4 years ago
Anonymous $yQ5BfQaAxy

https://techcrunch.com/2020/01/14/us-patents-hit-record-333530-granted-in-2019-ibm-samsung-not-the-faangs-lead-the-pack/

We may have moved on from a nearly-daily cycle of news involving tech giants sparring in courts over intellectual property infringement, but patents continue to be a major cornerstone of how companies and people measure their progress and create moats around the work that they have done in hopes of building that into profitable enterprises in the future. IFI Claims, a company that tracks patent activity in the US, released its annual tally of IP work today underscoring that theme: it noted that 2019 saw a new high-watermark of 333,530 patents granted by the US Patent and Trademark Office.

The figures are notable for a few reasons. One is that this is the most patents ever granted in a single year; and the second that this represents a 15% jump on a year before. The high overall number speaks to the enduring interest in safeguarding IP, while the 15% jump has to do with the fact that patent numbers actually dipped last year (down 3.5%) while the number that were filed and still in application form (not granted) was bigger than ever. If we can draw something from that, it might be that filers and the USPTO were both taking a little more time to file and process, not a reduction in the use of patents altogether.