Share 'Fewer patents submitted in 2009: a sign that US is less innovative? Maybe just the contrary.'
Companies have been cutting budgets, and lengthy/expensive patent applications is one of the easiest costs to cut. In the fast-moving economy, by the time your patent is accepted, the product is outdated. But there are other reasons for not submitting patents:
By submitting a patent, your idea can get stolen (e.g. by the patent Attorneys)
For analytic algorithms, it is much more important to be p…
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