If patents represent the best innovation, then a strong measure of innovation at the corporate and national levels is the measure of patent quality at the corporate and national levels, correlated to economic factors.U.S. Patent Quality spreadsheet (1984-2012)
If the majority of the world's patents are invalid, it implies that much of the world's innovation is a waste of time and money. Have we / could we / will we - be reaching Peak Innovation?more
------ the solution to all global problems: unemployment, climate change, medical care, clean energy, and a better apple pie. But where is the best innovation? How do you objectively measure the quality AND VALUE of innovation --- of a company, of a university, of a country? As much of the best innovation of the world is patented, measuring the quality of issued patents highly correlates to the quality of innovation. We are dedicated to measuring the quality of global innovation and patenting.