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Innovation and the Economy

Innovation and the Economy

by Ian Burns | Aug 5, 2013 | Innovation, Intellectual Property Law, Invention, Patents, Technology, Uncategorized

Innovation and the Economy The Brookings Institution recently released a study in which it concluded that there is a strong connection between innovation and the economy. We have previously discussed patent rate as a measure of innovation. The Brookings study shows...
Google Car: Autonomous Vehicles are Coming

Google Car: Autonomous Vehicles are Coming

by Ian Burns | Aug 1, 2013 | Innovation, Intellectual Property Law, Invention, Patents, Uncategorized

Google Car In 2011 Nevada passed a law that permits operation of autonomous vehicles in the State. The first driverless vehicle license was issued to Google, the internet search giant. The licensed Google car is a Toyota Prius that uses Google’s experimental...
Rate of Innovation

Rate of Innovation

by Ian Burns | Jul 18, 2013 | Innovation, Intellectual Property Law, Invention, Patents, Uncategorized

Rate of Innovation Rate of innovation can be measured in different ways. One method uses the rate by which patents are granted (patent rate). The greater the number of patents granted, the greater the number of inventions and the greater the rage of innovation....
Innovative City: Which Cities are the Most Innovative?

Innovative City: Which Cities are the Most Innovative?

by Ian Burns | Jun 29, 2013 | Education, Innovation, Invention, Patents, Uncategorized

Do you live in an innovative city? The Brookings Institution recently released a study on metropolitan patent data. Among other things, the data includes the number of patents granted and the number of patents granted per job as an average over the last five years....
Flying Pizza: The DomiCopter takes Flight

Flying Pizza: The DomiCopter takes Flight

by Ian Burns | Jun 24, 2013 | General, Innovation, Technology, Uncategorized

Flying Pizza Domino’s Pizza is developing a flying pizza delivery drone. The “DomiCopter” prototype has already taken a test flight that lasted a full ten minutes and was able to efficiently deliver pizza to a nearby customer. Videos of this test flight are...
Patent Value: How Much are Your Patents Worth?

Patent Value: How Much are Your Patents Worth?

by Ian Burns | Apr 16, 2013 | Innovation, Intellectual Property Law, Patent Office, Patents, Technology, U.S. Patent & Trademark Office, Uncategorized, Valuation

Patent Value Report The value of your patents may be more than you think. A recent report indicates that the median price paid for a granted U.S. patent in 2012 was $221,000 and the average price was $374,000. This is great news for patent owners. The report released...
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