Evolution of invention in the last 50 years

Evolution of invention in the last 50 years The past five decades have been an exciting time for inventors. With new tools and technology hitting the market almost daily, people are being inspired to see if they can create the next game-changing invention. In fact, since 1963 the US has seen its patent applications grow from just under 100,00 to almost 600,000 in 2012. In turn, patent grants have risen as well (from about 50,000 in 1963 to just under 300,000 in 2012). In order to get a better handle on these fascinating trends, the patent and new product marketing experts at Innovate Product Design have created an infographic to visually interpret the data. It gives an overview of the three different types of US patents available, as well as highlighting the five most prolific inventions of the last fifty years: GPS technology, TV remote controls, Internet, cell phones, and jet airliners. If you have questions or thoughts, let us know in the comments! © 2013 Innovate Product Design