While the overall number of U.S. patents is lower than China’s, it is possible that the quality and impact of these patents is higher, thus the lead may not be as large as it appears?
"Every year, Boston Consulting Group (BCG) releases their Most Innovative Companies ranking. https://www.visualcapitalist.com/most-innovative-companies-2023/ The U.S. and China are the only two countries that have increased their share from 2013, pushing out firms from European countries like Germany, the UK, and Italy. We can also see significant declines in Japanese and South Korean representation." Full report:https://lnkd.in/gCB5w9U6__A look at Patents: Which Countries are Granted the Most New Patents?https://lnkd.in/g-GEzbah“In 2021, out of 1,608,375 patents across multiple...