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Foreign innovators get more U.S. patents than Americans

October 10, 2012

U.S. Patents are important because they protect intellectual property from unauthorized copying or piracy, and as recently as the turn of the century U.S. inventors were being awarded more patents than their offshore peers, but since 2009 itís been the other way around. An estimated 337,910 U.S. patents went to overseas innovators between 2009 and 2012, and 329,768 went to Americans, according to the George Washington University Face the Facts Initiative. Face the Facts: We've fallen behind with patents