Posts Tagged: "patent trends"

Patent Trends Study Part Thirteen: Building Materials

This is the last in a 13-part series of articles authored by Kilpatrick Townsend. The series examined industry-specific patent trends across 12 key patent-intensive industries. In this 13-part series, we introduced our patent trends study (performed in a collaboration between Kilpatrick Townsend and GreyB Services) and provided high-level data across 12 industries. Today’s article pertains to the Building Materials industry and its enabling technology. Innovation in this space is motivated by more than just buildings, but also hydrocarbon production and aerospace applications. For example, deep sea concrete encasements and insulation for space modules are inventions that have far broader applications. California dominated the patent filings in every patent cluster of the study except Building Materials, where Texas has the most filings. This tech cluster is pushing the envelope for cutting-edge applications that will find their way into such things as green or smart building materials over time so that all consumers benefit.

Patent Trends Study Part Eleven: Cleantech Industry

Yesterday, we discussed patenting trends in artificial intelligence (AI). Today, we turn to the cleantech and green tech industries, which are changing many established industries in different sectors of the economy, as well as providing entirely new areas to innovate. Cleantech innovation is relatively steady in recent years after a growth spurt that started nearly a decade ago. Those early growth trends were likely driven by government stimulus funds that have disappeared along with the growing innovation trend.  The promise of a green revolution powered by cleantech may still be happening, but it simply is not a patent growth area in general except for a few areas explored below. Developing new products in this space takes years and there are many factors that interrupt this cycle to make product introduction difficult.

Patent Trends Study Part Ten: Artificial Intelligence Industry

Artificial intelligence (AI) has become a hot topic in both the tech and political spheres. This technology holds huge widespread potential, and strategic use of AI may well be a source of commercial and/or political power. For example, potential uses of AI may range from facilitating targeted and efficient drug development to controlling traffic lights (and thus reducing pollution and commute times), to developing life-like online personas. With all of the media attention that AI is receiving and with its widespread potential uses, how is a company to decide how fervently to pursue patents in this area and to weight their patent portfolios across different types of AI innovations?

Patent Trend Study Part Nine: Blockchain

Our last article in this series discussed patenting trends in the Therapeutics and Diagnostic Molecules Industry. Today, we turn to the blockchain industry, which is a foundational technology that is expected to revolutionize many different industries and not just digital currency. Blockchain patent filings are exploding, but we are still very early in the innovation cycle of this technology. Important to note about the data here: it is limited and especially thin, as this industry was just invented a decade ago, when there were just a handful of filings, and less than a thousand filings today. This is the only area in the greater study that was not long established, but the importance of blockchain is something that cannot be ignored in many industries. Although the most well-known application of blockchain is cryptocurrency, blockchain provides authenticity to any electronic transaction or contract in an open and trusted way. Blockchain underpins algorithmically protected currency but is expected to disrupt many other industries where algorithms can be trusted more than conventional mechanisms.

Patent Trends Study Part Seven: Industrial Design

Yesterday, we looked at trends in the medical device industry. Today’s article pertains to Industrial Design, which was limited to design patent protection. The term of a design patent is 15 years from filing in contrast with 20 years from issuance for utility patents that are the subject of the 11 other industry areas of this study. Submarine patents are still possible in the design area. Unlike utility applications, nearly all design patents are allowed with a 99% success rate in recent years. This near perfect yield for filings coupled with costs that are about 10% of a utility patent with no maintenance fees contributes to the wild popularity of design patent protection. Our study not only identified a set of applications that pertained to this industry, but also—for each application in this set—we determined whether the application pertained to one or more of the categories shown in the topology below. If so, the application was appropriately tagged, such that it could be included in one or more category-specific data subsets for subsequent analysis.