The authors of Business Success Through Innovation released a 2008 top-ten patent per capita ranking which identified Vermont as the clear winner with 83 patents issued per 100,000 residents.
The top ten states ranked by issued patents per 100,000 residents are:
1. Vermont–83
2. Idaho—79
3. Washington–63
4. California–60
5. Massachusetts–60
6. Oregon–57
7. Minnesota–55
8. Connecticut–46
9. Delaware–40
10. New Hampshire–40
Business Success Through Innovation explains how savvy entrepreneurs and businesses generate wealth through innovation and patents, rather than by manufacturing prowess. Although approximately 80% of the U.S. economy is now service based, it is still the world’s largest with a Gross Domestic Product (GDP) of approximately $14 trillion.
Business Success Through Innovation explains how the United States maintains its edge: about 75% of the value of publicly traded U.S. companies is in intangible assets rather than plant or equipment. Innovation and the control of innovations through legal mechanisms, particularly patents, are imperative for companies and entrepreneurs hoping to succeed in today’s economy.
The book also includes Top Ten patent lists showing which companies (U.S. and foreign) are most active in obtaining U.S. patents, the technology categories in which most patent activity occurs, and how each of the 50 states ranks in terms of patent activity, education level, and median income.
For more information please visit www.isopatent.com or www.amazon.com
Business Success Through Innovation, Paperback, ISBN: 978-0-9819052-0-4, $28.95.
About the Authors
David E. Rogers is a patent attorney and partner with Squire, Sanders & Dempsey L.L.P., one of the world’s largest international law firms. David practices patent, trademark, trade dress and unfair competition law and has been a featured speaker on patent and trademark topics in the United States and abroad.
Amy L. Hartzer is the President of IsoPatent LLC. She has a BS in Marketing from Indiana University, an MBA from Michigan State University and more than 23 years of experience in both consumer and business marketing. She has worked in a variety of roles including Director of Brand Management, Director of Customer Retention, and Vice President of Marketing for companies ranging from start-ups to Fortune 500 including Southwestern Bell, General Motors OnStar, and Cooper Industries.
