04/28/2020

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How the tech industry is easing patients into the COVID-19 era

Most of the time, technology companies do everything they can to keep their most fundamental and important innovations under their purview.

The most obvious way they do this is through patent filings. Many of the largest tech giants file for thousands of patents each year. Last year alone, IBM received 9,262 patents, the 27^th year in a row that the business technology company topped the list of most frequent patent recipients. Companies such as Intel and Microsoft are never far behind, either.

“Patents are sometimes used as a currency for innovation,” said Manny Schecter, IBM’s chief patent counsel, in a 2018 CNNMoney article. “That’s because it’s hard to otherwise quantify the amount of innovation that’s going on.”

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