As a response to a comment on my patent article posted at Seekingalpha today, below is more specific patent application data focused on the tech industry. Unfortunately, on an industry basis WIPO only has data for applications, not approvals. I present the data as tech and telecom patent "market share" of total applications.
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Click to Enlarge. Source: WIPO |
Although this data disregards how many of these applications are getting approved, it does speak to the relative pace of innovation in tech and telecom from 1990-2007. Perhaps not too surprisingly, tech-related applications have increased quite a bit from 9% to 16% of total applications.
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