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Economy & Workforce > Patents

Patents

Innovation has been increasing since 2011

Patent filing is a reasonable proxy for innovation in a community.2

  • The first decade of the 21st century was fairly flat, but the number of patents in the last several years has increased.

Footnotes

2. Acs, Z. J., Anselin, L., & Varga, A. (2002). Patents and innovation counts as measures of regional production of new knowledge. Research Policy, 31, 1069-1085.