In the News
Innography released U.S. patent purchase trends for 2015 through July from the company's Patent Market Tracker, a standalone data set and analytics service. The results show roughly a 10 percent yearly increase over the last several years. Here's what they found in patent sales and purchasing trends.
Caterpillar Inc. (NYSE:CAT) of Peoria, IL, develops and markets a wide range of heavy machinery designed for use in construction and mining projects.
'The most important trend is that patent sales in the U.S. continue to rise.'
According to a recent study, the volume of U.S. patent sales has increased about 10 percent between 2014 and 2015.
After increasing eight-fold in the decade between 2001 and 2011, patent applications in China passed those in the U.S. Patent filings in China have continued to rapidly rise, averaging 21% annually over the last three years—much faster than any large economy.