Introduction The year 2023 promises to be exciting for Fintech. On the upside, the web 3.0 economy is poised for significant growth as decentralization favors creatives and community with its lower costs and lower barriers to entry infrastructure. The downside will come in the form of more lawsuits, regulatory uncertainty, perpetuation of scams, and operating […]
Growth
Patent Value, Uncertainty, and the Debate about Patent Quality
When I was the Chief Economist at the U.S. Patent and Trademark Office (USPTO), I sometimes encountered people who were surprised to know that I existed. Well, not me as an individual, but the role of Chief Economist. Why does the USPTO have economists? Now, many of these individuals were Congressional staffer-types on their fourth […]
The World Intellectual Property Organization’s Global Innovation Index, 10 years later
10 years ago, Ocean Tomo shared insights on the World Intellectual Property Organization (WIPO) publishing its 2012 Global Innovation Index (GII). The index uses over 80 indicators to measure a wide array of characteristics related to the innovation ecosystem. The indicators represent both “input” measures and “output” measures. Inputs relate to characteristics in an economy […]