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U.S. patent rankings: Amazon moves up list as effects from pandemic on innovation still unknown
January 12, 2021 at 11:26 am
A diagram shows Amazon’s patented whip-based launch system in operation on an aircraft carrier. The system could theoretically send payloads into space on the end of a miles-long whip, guided by a phalanx of drones attached to the lash. (Amazon Illustration via USPTO)
Despite a global pandemic, U.S. patent grants were down less than 1% year-over-year, and patent applications were up nearly 5%. But the effects of the health crisis on innovation progress may not be known for another 18 months due to the long patenting process, according to Mike Baycroft, CEO of IFI CLAIMS Patent Services.