Patent Volume Isn't the Best Innovation Gauge

Patent volume, based on new analysis, isn’t necessarily a valid proxy for innovation. Tallies of U.S. patent grants are published every year, giving IBM reason to strut since it invariably comes out on top. (Last year, as IBM notes here, it was the first entity to bag more than 4,000.) And recently I wagged a finger at Ford Motor in a blog post, based on patent data from Thomson Reuters that showed Ford ranked far behind in new patents for alternative energy and other innovative automotive technology.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.