Covid-19 Pandemic’s Impact on the U.S. Patent System Through November 2020
“This essay examines patent abandonment rates and application rates to determine if they can shed light on how the Covid-19 pandemic affected innovation. While the results show temporary perturbations, the pandemic has had minimal effect on overall trends. This may suggest that abandonment rates and application rates may be surprisingly resistant to economic downturns or that the measurements are simply not good proxies for innovation. Part II of this paper will describe the data available from the USPTO and the methods used to work with the data.5 Part III will examine the data as well as offer theories about the results obtained from the data.”
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