View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
February 16, 1999


By CBR Staff Writer

For most IT companies today, the term ‘research & development’ really means ‘development’. Big name companies, ranging from Cisco Systems Inc to Compaq Computer Corp, spend heavily on making acquisitions and ensuring that products meet demand, but they do not do a lot of pure research. In spite of this, there was a dramatic increase in the number of new patents filed in 1998, both in the US and in Europe. Fueling a 33% increase in overall patent applications, IBM Corp filed a record 2,657 patents, up 54% from the year before, while other companies, such as Samsung Electronics of Korea, also recorded big increases. In Europe, the European Patent Office (EPO) identified telecoms as the main driver for a rise in applications of between 10% and 13%. But the EPO also said that more than quarter of European patents were granted to US companies. So if there is more development than research, why should this be? The answer is simple: IBM earned $1bn in patent licenses last year, and lawyers are urging companies to patent everything they might earn revenue from. The fact that this also helps lawyers is, of course, a coincidence.

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.