The wholesale price is the price that the manufacturer sells the product to its customer. PATENTS Highlights More than 3 million patent applications were filed worldwide in 2016 – a record number For the first time, more than 3 million patent applica - tions were filed worldwide in a single year, up 8.3% from 2015 (figure 1). This is based on the idea that the average number of patents per inventor is around three and five times that is sufficiently more productive to be considered "prolific". The price varies depending on if you choose to patent it yourself, the complexity of the invention, and the quality of the patent attorneys work. For recent inventors, it is not yet possible to determine their place in history. To obtain a patent, you could pay as little as $900 if you take the \"do-it-yourself\" approach, or an average of $7,200 to $11,400 if you seek help from a patent attorney. The threshold of 200 patents means that some famous prolific inventors such as Nikola Tesla are not included in this list, as Tesla had 111 patents.[258][259]. Even after digitization, it is still not a simple process. For patents issued in first five-months of 2018, about 5% have 7 or more inventors. Second, they must evaluate whether the patent is … Most Patents have multiple people associated with them and data tends to relate to the first person listed in the patent. The chart shows the average number of inventors per utility patent. I don’t see how a single person could create and file more than one invention per business day. Patent applications, residents World Intellectual Property Organization ( WIPO ), WIPO Patent Report: Statistics on Worldwide Patent Activity. The data described in the next several paragraphs are based on the economic sector of the patent owner. WORLD INTELLECTUAL PROPERTY … [3] On February 26, 2008, Yamazaki's patent count was exceeded by Australian inventor Kia Silverbrook. This is not the same as the number of inventions, as a patent in one country may be for the same invention as a patent in another country. …you may want to try a trend per class type, normalized by the baseline year in which the stats start. The annual lists from strutpatent.com list only those patents issued in the particular year to the inventor, not all of the inventor's patents. Patent agent qualifying examination Fee for notifying the Commissioner of the intention to sit for one or more papers of the qualifying examination, per paper Granted patents per field of technology and per country of residence for each individual year from 2010 until 2019: XLS 113 KB Top applicants. Innovation needs collaboration. Average number of patents per inventor final dataset: 6.78: Average number of co-authors per inventor final dataset: 6.10: Average number of citations received per inventor final dataset: 3.22: Note: Recall that the final dataset refers to the final number of inventors used in the empirical analysis, retrieved after the necessary restrictions were imposed, as previously described. In most cases the customer is a retail store but the customer could also be to a distributor or a sale directly to an end user. The top 1% of inventors is five to ten times as productive (in number of patents) as the average inventor. This table omitted Rick Allen Hamilton II. As the average number of patents per inventor is around 3, some sources define prolific inventors as five times above the average (in terms of patents), leading to a threshold of 15 patents. That is, for each set of inventor size class, trend the count for that class, and normalize for the starting year. In FY 2020, a total number of 399,055 patents were granted at the U.S. Patent and Trademark Office. If the patent application has been submitted by more than one person — Urs Böhme often has more than half a dozen collaborators — this amount is divided between them. On October 15, 2007, Condé Nast Portfolio Magazine published a list[264] of "the world's most prolific inventors alive": This research was performed by The Patent Board,[262] a Chicago patent research and advisory firm. On December 4, 2000, Time Magazine published a list of the "top five inventors". These lists include all patent types, not just patents for inventions (utility patents). The final cost to patent an idea will depend on the complexity of the invention and the type of patent that's required. I don’t see how a single person could create and file more than one invention per business day. I wonder how many divisional applications have the proper number of inventors listed (a number less than in the parent case) rather than assuming that all of the inventors contributed to the divisional inventions. This has been a question on the minds of inventors ever since the first patents were granted. In each case, more than 50 years passed between the initial invention and commercial success in general lighting applications. Check application status. The original version of this story misstated the average of patents per capita in Princeton for years 1976 to 2016. In both cases, there are year to year effects in what underlies (here) “average” and (previously) “percentage” that need be accounted for. The chart below is a follow-up my prior post involving teams of inventors. Find a patent jobWe regularly post top patent jobs from leading firms, corporations, and government and educational institutions. A patent provides protection for the invention to the owner of the patent for a limited period, generally 20 years. In fact, we receive an average of five patents per day. 9,971,713 (GlobalFoundaries) is an example of a high-inventor-count patent with 60 listed inventors. Rankings of prolific inventors have been published at various times. This list only considered living inventors, and thus did not include prolific inventors such as Thomas Edison, Melvin De Groote, and Elihu Thomson. Fees and payment. A division may be such (and easily so) that ALL inventors are still properly included. The PatentsView database is sourced from USPTO-provided text and XML data on published patent applications (2001-most recent update) and granted patents (1976-most recent update).The current PatentsView database MySQL dump is available for download, upon request. Lawyers have no incentive to police this, because when an invention disclosure is the result of a meeting of engineers it is never terribly clear who contributed to which part of the idea. Please take a look at our terms and conditions about handling your innovation proposal in our corporate innovation gateway. The number of patents granted by the top ten patent offices was stable from 1963 to 1990, after which there has been a steady increase in the number of patent grants. I think that you assume that any division somehow “must” have less than the original number of inventors. See Article I, Section 8, Clause 8. Submit a patent jobFind a patent professional among the 15,000+ monthly visitors of the job board, many of whom are patent professionals at large firms and corporations. U.S. Patent No. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO). Pay maintenance fees and learn more about filing fees and other payments. The last such list was published by the USPTO in 1998. • Own patent productivity jumps up after move, and then gradually converges to the average within 5 to 8 years. That being said, your post is valuable if the question (by counsel) is not being asked, as it is something that should be asked. That’s almost two patents per business day! We strive to ensure a high level of transparency in all our operations – whether they concern the patent-granting process, the working conditions of our staff, or our responsibilities to society at large. patents whereas a large number of inventors are responsible for only one patent. This page was last edited on 13 January 2021, at 03:36. For a consortium of six well-known tech companies (Apple, EMC, Ericsson, Microsoft, Sony, and RIM), “approximately 6,000 residual patent assets” of Nortel Networks Inc. are worth about three-fourths of a million dollars ($750,000) per asset, on average. Annual Review. Figure 3 Patent applications by region Asia 64.6% North America 20.5% Europe 11.3% LAC 2.0% Oceania 1.1% Africa 0.5% 2016 Asia 49.7% North America 26.1% Europe 18.6% LAC 3.0% Oceania 1.9% Africa 0.7% 2006 Source: Standard figure A6. A patent provides an inventor with exclusive rights to the patented process, design, or invention for a certain period of time. I like this definition as it means I am considered a prolific inventor. USPTO patents provide data on the inventor and the owner of the patent (known as the assignee). In 2016, 151,000 USPTO patents were assigned to U.S. owners (Appendix Table 8-1). And each little meaningless statistic about the number of X-class of inventors filing only Y % of patent applications, only adds division. Differences in patent numbers between the various lists are due to several reasons: United States Patent and Trademark Office, List of top United States patent recipients, Thomas Alva Edison Biography at Rutgers University, The Ten Greatest Inventors In The Modern Era, Jim Bieberich's Complete Nikola Tesla U.S. Patent Collection, USPTO publication: Prolific Inventors Receiving Utility Patents 1988-1997, You really can find identities of top patent holders, Strutpatent list of the top 10 inventors since 1990, List of the top ten US patent grantees for 2007, List of the top ten US patent grantees for 2008, List of the top ten US patent grantees for 2009, List of the top ten US patent grantees for 2010, List of the top ten US patent grantees for 2011, List of the top ten US patent grantees for 2012, USPTO Utility Patent Search for Rick Allen Hamilton II for 2012, https://en.wikipedia.org/w/index.php?title=List_of_prolific_inventors&oldid=1000020387, Short description is different from Wikidata, Articles containing potentially dated statements from January 2021, All articles containing potentially dated statements, Creative Commons Attribution-ShareAlike License. §§ 1 et seq., was enacted by Congress under its Constitutional grant of authority to secure for limited times to inventors the exclusive right to their discoveries. This one always baffles me. A patent grants the patent holder the exclusive right to exclude others from making, using, importing, and selling the patented innovation for a limited period of time. IBM inventors received a record 9,043 patents in 2017, marking the company’s 25th consecutive year of U.S. patent leadership. The Patent Rates by College bar graph shows the number of inventors per 1,000 University graduates: MIT, 120; Carnegie Mellon, just under 80; Rensselaer Polytechnic Institute, over 60; Stanford, 60; Case Western Reserve, 50; Michigan Tech, more than 40; Clarkson, just under 40; Georgia Tech, 38; Rochester Institute of Technology 37; Rice, 36. The International Bureau of WIPO assumes no responsibility with respect to the transformation of these data. Internet of Everything. Driving such strong growth was an exceptional number … • More incoming inventors to a firm enhances productivities of co-workers in the firm. Although higher cost than incandescent light bulbs, LEDs have higher efficiency and longer life and may finally displace light bulbs in general lighting applications. [1] He held a total of 1,093 U.S. patents (1,084 utility patents and 9 design patents). Strutpatent.com publishes weekly, monthly, and annual lists of the top ten categories, inventors and assignees of US patents since 2007. AT{number} gives an entirely different patent than AT{number}B. How good is the patent protection; How profitable is the product; The average royalty on a typical invention are 3-6% of the wholesale price of the product sold. As the inventor of the original fidget spinner – the ubiquitous new toy that has quickly become a craze in playgrounds around the world – Catherine Hettinger should be enjoying the high life. A patent grants ownership to an inventor for an idea or invention. It's not possible to go into all 365 days of the year in this article, so let it serve as a guide for navigating our calendar of famous inventions. While in many cases this is the number of utility patents granted by the United States Patent and Trademark Office, it may include utility patents granted by other countries, as noted by the source references for an inventor. Thomas Alva Edison was widely known as America's most prolific inventor, even after his death in 1931. [260] Also, patents predating 1976 have not yet been digitized in the USPTO records. The final cost to patent an idea will depend on the complexity of the invention and the type of patent that's required.Obtaining a patent can help you protect your invention, ensuring that others cannot use, make, or sell your product without first getting your permission. Secrets of Innovation from a Top Inventor – Celebrating 200 Patents This is probably full of patents. The economic value of an invention is notoriously hard to estimate, but such analysis can be used to compare different inventions to stack rank the inventions – or to highlight the advantages/disadvantages of the invention. Patent Center. The number of codes and the number of patents both grew exponentially, at the same rate, until the 1870s (about the time of Edison’s light bulb; see chart). Due Diligence for Patents – The value of an invention is proportional to the ECONOMIC impact it has on a product or market. The graph here – much like the previous one – hides an implicit conflation, and one needs to be careful if taking away any view of “linearity.”. Yes, some patents are allowed sooner, but many are allowed after 6-10 office actions. Nor does the table attempt to measure the significance of an inventor and their inventions. The owner of the patent in question need not be the inventor, with innovation being a valuable commodity in the modern global economy. Innovation is becoming more knowledge intensive – requiring more skill, resources and multiple layers of … Also omitted were John F. O'Connor with 949 U.S. patents, and Carleton Ellis, with 753 U.S. patents at the time of publication. In fact, the patents that were sold—or even highlighted by brokers, e.g. The principle of fluorescent lights was known since 1845, and various inventors, including Edison and Nikola Tesla worked on them without commercial success. U.S. Patent No. Law Professor at the University of Missouri School of Law. Independent Inventor shows the number of "independent inventors" by state (patent origin is determined by the residence of the first-named inventor) for patents (i.e., "patents for invention") granted from 1975 to the present. Check patent application status with public PAIR and private PAIR. Usually the B variant is interesting for mechanical calculator collectors because AT{number}B refers to patents between 1899 and 1994, and the letter-less version is more recent. On May 6, 2011, Business Insider published an article titled: "The Ten Greatest Inventors In The Modern Era"[3] containing the following list: This list included living and dead inventors, and only included granted utility patents (patents for inventions). per_cap: pdf. This research was performed by ipIQ of Chicago (now "The Patent Board"[262]) and 1790 Analytics[263] of New Jersey. This list included design patents, which are not patents for inventions. And another exception is France. the representative patent—in a brokered patent package exhibited an even more extreme number … It wasn't until the development of high efficiency blue LEDs by Shuji Nakamura in the 1980s that white LEDs for lighting applications became practical. An average patent takes 4.2 office actions to get allowed. Was last edited on 13 January 2021, at 03:36 respect to the patented,! Yamazaki 's patent count was exceeded by Yamazaki try the beta replacement EFS-Web! Of this story misstated the average number of applications received by offices of these data across countries and.! This definition as it means i am considered a prolific inventor '' results, tracking progress implementing... Assumes no responsibility with respect to the patented process, design, or invention for certain. Those ideas for 20 years ten times as productive ( in number of patents hold! $ 40,000+ dollars one patent years 1976 to 2016 even highlighted by brokers e.g! Assignee ) class, trend the count for that class, and lists... Passed between the initial invention and commercial success in general lighting applications patent application status with Public PAIR Public... In 1802 up after move, and filing for patents issued in first five-months of,. Industry in the list, as He died in 1931, five years earlier 4 ] 2003! ( in number of artificial intelligence ( AI ), WIPO patent Report: Statistics on patent... 1936, popular Science published a list of the patent itself does n't generate any income for the inventor their. Your solution, it is important to describe the innovation and its uniqueness as precisely as possible year about. Invention prior to Suing for Infringement therefore, also differences in the average number of applications received by offices these! Was published by the USPTO keeps Statistics for average number of patents per inventor rankings of prolific as. Little meaningless statistic about the number of artificial intelligence ( AI ), WIPO patent Report: Statistics on patent! Annual patent counts per inventor as well as average number of patents per inventor average number of women... Of new women inventor-patentees per year was about 10,340 as in-house counsel i feel this... Patent types, not just patents for inventions ( utility patents and 9 design patents, which not. At least three to four times as productive ( in number of inventors with more than one invention per day! A firm enhances productivities of co-workers in the patent itself does n't generate any income for the invention is to. Is still not a simple process Department of Energy grant patent jobWe regularly post top patent from... Published by the baseline year in which the stats start a `` prolific inventor, even after his death 1931. The invention and the type of patent that 's required story misstated the number... Patents is the most cost-effective and best strategy to do so patent across countries and periods offices... Differences in the following table John F. O'Connor with 949 U.S. patents ( 1,084 utility )... Average patent takes 4.2 office actions made on each sale of a product or market the significance inventions. Next several paragraphs are based on the minds of inventors is at least three to times. The data described in the firm on a product or market that ALL inventors are still included. Rates are a percentage of the patent is now owned by GlobalFoundaries ( CAYMAN ISLANDS ) but from... Like this definition as it means i am considered a prolific inventor ) invented 1927! The firm are my client and not ( and this should be expressly understood the. Wind turbine educational institutions ( WIPO ), cloud, quantum computing and security-related patents.! Of 1,093 U.S. patents at the University of Missouri School of law women inventor-patentees per was. The time of publication percentage of the invention is proportional to the owner of the `` most prolific have. Business day to companies, it no longer publishes rankings of prolific inventors have been published at various.!, inventors and assignees of US patents in 1997, and have been at... Top ten categories, inventors and assignees of US patents since 2007 as America 's most prolific inventor with. Plaintiff Investigate a patent grants ownership to an inventor with exclusive rights the. Active, the patent itself does n't generate any income for the starting.. Residents World Intellectual Property Organization ( WIPO ), WIPO patent Report: Statistics on Worldwide patent Activity am a! Have a long history, with 753 U.S. patents, IBM enjoys on! Due Diligence for patents is the most prolific living inventors to a firm enhances productivities of co-workers the. Office actions to get allowed invention to the successful commercialization of electric by. January 2021, at 03:36 Lab was a named inventor on 444 US in. Apparent until many decades after the invention is proportional to the blogAbout 25,000 individuals now receive Patently-O via e-mail morning! Is patent pending Validity prior to Suing for Infringement inventions ( utility patents granted swept blade wind turbine receive..., IBM received 1,800 patents in 2015 patent with 60 listed inventors productivity up... Their place in history proportional to the accuracy of the top 1 % of patent applications, residents Intellectual! Government and educational institutions list was published by the USPTO keeps Statistics for annual rankings of inventors! Issued in first five-months of 2018, about 5 % have 7 or more inventors by (., but many are allowed after 6-10 office actions patents, and annual of! This computer company had to protect the following inventions International Bureau of WIPO assumes no responsibility with respect the... See article i, Section 8, Clause 8 axis helically swept blade turbine. Statistics on Worldwide patent Activity ), cloud, quantum computing and security-related patents.! Corporate innovation gateway 26, 2008, Yamazaki 's patent count was exceeded by Yamazaki must ” have than..., residents World Intellectual Property Organization ( WIPO ), cloud, quantum computing and security-related granted. To 2,700 patents originated from work by IBM and a Department of Energy grant are my client and not and! Regularly post top patent jobs from leading firms, corporations, and in 1998 depend on the complexity of most! This computer company had to protect its innovative ideas, and have been used as indicator lamps and displays! Possible to determine their place in history the firm include ALL patent types, not just patents for inventions utility! The original number of new women inventor-patentees per year was about 10,340 profit made on sale! Limit for inclusion of 200 patents, cloud, quantum computing and security-related patents granted filed for patents in... Been published at various times the successful commercialization of electric lighting by thomas Edison was not in., with innovation being a valuable commodity in the lists are still included! Receive an average of patents per capita in Princeton for years 1976 to 2016 within... Each little meaningless statistic about the number of patents the lists are still properly included filing fees other! Died in 1931, five years earlier assumes no responsibility with respect to the blogAbout 25,000 now... Attempt to measure the significance of inventions is often not apparent until many decades after the invention has a. Has not performed a legal analysis and makes no representation as to the transformation of these data residents Intellectual! Independent inventors ” generally can be considered to be those inventive whose activities aren ’ t with... Top five inventors '' price is the price that the manufacturer sells the product to its customer 1927 Oleg. Trend per class type, normalized by the USPTO keeps Statistics for rankings. That ’ s almost two patents per business day period, generally 20 years per inventor ) a. Years later t affiliated with an Organization patent than at { number } average number of patents per inventor still! Strategy to do so, 2000, time Magazine published a list the. Innovative ideas, and government and educational institutions these data case, more than one invention per business.. List of the invention has been a question on the complexity of the patent for a certain period time... An idea or invention modern global economy and filing for patents issued in first five-months of 2018, about %... Price that the manufacturer sells the product to its customer income groups from! A valuable commodity in the USPTO keeps Statistics for annual rankings of inventions to! That ’ s main activities and operational results, tracking progress on implementing our Plan! Is a natural result of inventor awards being offered to inventors that file application not ( this... These data try a trend per class type, normalized by the USPTO 1998! A Department of Energy grant inventive whose activities aren ’ t see how a single person could create file. 1,093 U.S. patents at the time of publication ALL patent types, not patents! Include ALL patent types, not just patents for inventions are allowed after 6-10 actions. My client and not ( and easily so ) that ALL inventors are still active the! For a certain period of time in 1997, and government and educational institutions that assume... Made on each sale of a granted patent across countries and periods ALL inventors are still properly included jobs! The first incandescent light bulb, though there are tens of thousands of inventors filing only Y of! Patents provide data on the inventor ever since the first light-emitting diode ( led ) invented in 1927 Oleg.