Inventors and Patents From the City of Tucson
Known as the UNESCO City of Gastronomy, Tucson celebrates a 4,000-year-old culinary heritage that honors local culture and combines Mexican and Native American traditions. The local approach to cooking means honoring history and each bite is an experience. Tucson celebrates its gastronomic roots with a variety of events and festivals that celebrate the local ingredients and ingenuity.
PTMT processing results in about 12 percent of inventors being associated with more than one regional component area
Despite the fact that the rates of patents are higher for Asian American children than for any other racial group, the data from Opportunity Insights show that there are disparities within this group. One study estimated that 51 percent of Asian American inventors have a bachelor’s degree or higher, which was higher than the national average but below the rate for white Americans. The rates varied by subgroup, with Taiwanese inventors being associated with higher rates than other Asian Americans.
As a result, PTMT’s processing results in about 12 percent of first-named inventors being associated with more than one regional area. Historically, patents have only been associated with their initial city and state, but it is possible to link multiple regions or micropolitan areas to identify inventors. The processing methods used for the data have some limitations, however.
Inventors receiving multiple patents during recessions
Recent headlines have suggested the US is losing its innovation edge, with a drop in patent filings. However, those headlines overstate the reality. A recession tends to cause big companies to cut R&D budgets and patents, and to stagnate in the market, losing out to new competition. It’s no surprise that the patent world takes a dip during a recession, with creative people getting laid off and starting new companies.
While the US economy experienced a recession in 2008 and 2009, inventors still managed to receive multiple patents. However, this decrease was largely due to an unresponsive US Patent Office during the second term of President Bush. However, the situation has begun to improve in recent years. The patent office has a much better reputation under David Kappos.
This is a good thing for the economy. Inventors can make thousands of dollars by renting out their ideas to companies that have the resources to market their products. In fact, as the economy has declined, inventors have received more pitches from companies looking to buy their ideas.
Employment contracts often include an assignment clause. Employee-inventors who refuse to assign their inventions may lose their jobs. As such, it’s important for employee-inventors to sign these contracts and remain loyal to their employers. Failure to do so may jeopardize their livelihood, reputation, and intellectual property rights.
In the last century, the patent profession has promoted the idea that patents are recession-proof. While this is true, the system has grown significantly over the last 20-30 years, and successive explosions of innovation have been supported by it. This can be verified by looking at the patent system’s statistics. The authors collaborated with RWS to analyze the patenting activities during three global crises.
The patent clause has changed the way the economy works, putting more power in the hands of employers than their employees. This change has benefited employers in the research and development sector. However, it has also reduced the legal remedies for employee-inventors, who seek recognition of their hard work.
Historically, employees have relied on their employers for inventions. While the patent statute is designed to protect employees, the courts have tended to favor employers over employee-inventors. For example, state courts have often interpreted trailer clauses to favor employers and misapplied plain language principles to federal patent terms.
Inventors with high share of STEM-educated workers
Tucson’s innovation community is considered a “growth center” by the Brookings Institution. The study evaluated the performance of 35 cities and metro areas across the country on multiple indicators including STEM R&D spending at local universities, STEM employment, and patent activity. The study also assessed a metro’s population and share of adults with a Bachelor’s degree or higher.
The study also showed that Asians were overrepresented in the STEM workforce. They were overrepresented in health and life science occupations, accounting for nearly 20% of STEM workers. While women make up a large percentage of the STEM workforce, the percentage is lower among those with advanced degrees. Women make up only four percent of STEM-educated workers with a master’s degree or higher. Another large share of STEM workers is composed of Asians, with Asians making up one-fifth of all professionals in these fields.
STEM workers represent a growing portion of the U.S. workforce and are critical to innovation. Their work generates new technologies and jobs that boost the living standards of U.S. households. They are also among the most sought-after workers in the labor market. In fact, shortages of STEM workers have been making headlines for more than a decade.
This STEM workforce is crucial for Arizona and the United States economy. With over 1.2 million STEM jobs predicted to go unfilled by 2018, STEM-educated workers are essential for the economy. Arizona and other states are providing the leadership needed to ensure a competitive and prosperous future.
Women have made tremendous gains in STEM occupations. While they are underrepresented in engineering and computer science fields, they have become more common in many other STEM occupations. For example, women make more money in computer network architecture than men, but they make up only 8 percent of computer network architects.
The STEM workforce is diverse, with many foreign-born and non-U.S.-born employees. More than one-in-five STEM workers have at least a bachelor’s degree. In addition, foreign-born STEM workers make up the majority of STEM workers with a doctorate.
STEM workers earn significantly more than their non-STEM counterparts. The wage gap persists even when accounting for educational attainment. Full-time STEM workers earn an average of $54,745 per year compared to $47,295 for full-time, year-round non-STEM workers.
The high percentage of STEM-educated workers in an organization is encouraging. Companies that have a high STEM-educated worker percentage are more likely to attract new business and jobs. Furthermore, the high share of STEM-educated workers in an industry tends to be more profitable. Therefore, hiring STEM workers is the best way to grow your business.