A Practical Metric For Annual Patent Filing Targets: Part 2

By Michael Sartori and Matthew Welch (June 21, 2021, 3:23 PM EDT) -- In Part 1 of this three-part article,[1] we presented a metric to determine a theoretical target for the number of nonprovisional U.S. patent applications to file each year. The theoretical target was based on the amount spent on U.S. research and development by a company and on the company's industry sector and size.

Basing a patent filing target on the amount spent on research and development makes sense intuitively because a company would hope to generate patentable ideas from the effort and energy expended by the company in developing new innovations.

Moreover, tying a patent filing target to an industry sector's...

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