In this Chapter we examined capital an technological change. One of the measures of the pace of technological change is patent. Use the internet to research patents in more detail. Explore the homepage for the
United States Patent Office and answer the following questions:
Questions- What are the conditions for obtaining a patent?
- How many types of patents are offered-for what reasons are patents granted?
- Were more patents granted this year than last?
- What has the number of patents granted done over the past several years, risen, fallen, or fluctuated up and down?
- Can you find whether patents granted to U.S. residents has risen or fallen relative to patents granted to non-U.S. residents?
- Can you find the percentage of patents granted to companies as opposed to individuals?
