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Evolving Patterns of Innovation Across States and Industries
Evolving Patterns of Innovation Across States and Industries
Patents are an imperfect measure of innovation, but they can nonetheless convey the underlying story.
Jesse LaBelle and Ana Maria Santacreu offer some interesting descriptions of how patent patterns changed between the 1980s and the 2000s in Geographic Patterns of Innovation Across U.S. States: 1980-2010 (
Economic Synopses, Federal Reserve Bank of St. Louis, 2021, #5).
To interpret these figures, it s important to know that new patents granted each year have been rising substantially over time, from about 40,000 in 1980 to 110,000 in 2010. Here s a figure showing the distribution of patents by US state: the top panel shows the 1980s, and the bottom panel shows the 2000s (that is, 2000-2010). Given that overall patent levels have risen, the figure shows many more states with higher patent levels (shown by the darker color).
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