The United States hasn’t seen this much patenting activity since the Industrial Revolution, according to a new report from the Brookings Institution Metropolitan Policy Program.
The report analyzed patenting trends on a regional level from 1980 to 2012 and found three decades of growth, although 92 percent of the innovation is concentrated in only 100 of the nation’s 360 metropolitan areas, home to 59 percent of U.S. residents, the report found.
While the United States remains a global leader in research and development, it has fallen behind in some areas, the report found.
To read the original article: U.S. leads the way in innovation, patenting activity
