July 16, 2024, Weekly Patents Insights

Welcome to the 16th of July 2024: A glimpse at what’s new in weekly patents insights on recent patent grants that have been issued across various industries.

New weekly (July 16, 2024) USPTO Patents data have been added.

Most Prolific (weekly)
CompanySamsung Electronics Co., Ltd134 patents
Patent AttorneyFish & Richardson103 patents
CityTokyo, JP 301 patents
Female InventorJessica H. Donohue, Bolton, MA9 patents
InventorTao LuoSan Diego, CA 15 patents

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The Rise of the Independent 1099 Inventor: Freelance Innovators on the Loose
In today’s fast-paced, innovation-crazy world, the emergence of independent 1099 inventors is like a breath of fresh, unfiltered, caffeinated air. These creative mavericks are ditching the traditional corporate W-2 inventor model, swapping suits for sweatpants, and enjoying freedom’s sweet, sweet taste.

Picture this: instead of being chained to a cubicle and following corporate orders, our 1099 inventors are like the lone wolves of the innovation wilderness. They operate as freelancers or contractors, waking up whenever they please (as long as the coffee machine works) and pursuing quirky projects. Unlike their W-2 counterparts, who often sign away their ideas faster than you can say “intellectual property,” these inventors retain complete control over their brainchildren.

Thanks to platforms like Kickstarter and Indiegogo, inventive geniuses can now turn their wildest dreams into reality with a little help from strangers on the internet. With digital tools and rapid prototyping tech, bringing crazy ideas to life has never been easier. The gig economy also supports this trend, allowing inventors to juggle multiple projects and income streams like a circus performer with a caffeine addiction.

Of course, it’s not all rainbows and unicorns. Independent inventors face challenges like financial instability, resource scarcity, and fierce market competition. But the potential rewards of creative freedom and riches are enough to keep them going, armed with nothing but a laptop and an endless supply of optimism.

The rise of the independent 1099 inventor is shaking up the innovation scene. These freelance innovators are rewriting the rules, proving that you don’t need a corporate badge to make a mark on the world. So, here’s to the 1099 inventors – may their coffee be strong, their ideas be wild, and their patents be plentiful!
Trivia

Which percentage of inventors are women in the US?

Please scroll to the bottom of this newsletter to find out.

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Featured Inventor

Parminder Singh Sethi: A Prolific Inventor and Innovator

Parminder Singh Sethi, based in Bengaluru, Karnataka, India, is a distinguished inventor and technologist with a remarkable portfolio of 99 patents granted by the US Patent Office. His innovative spirit and deep expertise have led to groundbreaking advancements in storage area network (SAN) infrastructure and application security.  Beginning his career as a software developer, Parminder’s love for technology and innovation led him to join Dell, where he has gained significant experience over the past six years, holding multiple positions of responsibility. As a member of the Patent Committee, he has been integral to the patent procurement journey, becoming the youngest patent owner at the time.  Parminder has been granted 99 patents, showcasing his dexterity in various domains such as hardware design, security, UI/UX, device management, blockchain, and ML/AI.

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Today in Patent History

On July 16, 1878, Thaddeus Hyatt was granted a patent for reinforced concrete. 

Patent Title: Composition Floor, Roofs, Pavements &c.

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Weekly Statistics

Top Inventors (by Utility Patents) & current Company:

  1. Tao Luo, 15 patents (Qualcomm)
  2. Frederick E. Shelton, IV, 11 patents (CilagEthicon)
  3. Haitong Sun, 9 patents (Qualcomm)
  4. Esmael Hejazi Dinan, 9 patents (Ofinno)
  5. Yushu Zhang, 8 patents (Apple)

Top Universities:

  1. University of California – 11
  2. King Faisal University – 7
  3. University of Texas System – 7
  4. Zhejiang University – 6
  5. University of Michigan – 5
  6. Nanyang Technological University – 5
  7. Stanford Junior University – 5
  8. The Johns Hopkins University – 5
  9. King Fahd University of Petroleum and Minerals – 5
  10. California Institute of Technology – 5

Top Attorneys:

  1. Fish & Richardson – 103
  2. Sughrue Mion – 89
  3. Birch, Stewart, Kolasch & Birch – 82
  4. Foley & Lardner – 79
  5. Oblon, McClelland, Maier & Neustadt – 68
  6. Knobbe, Martens, Olson & Bear – 61
  7. Harness, Dickey & Pierce – 61
  8. Kilpatrick Townsend & Stockton – 58
  9. Cantor Colburn – 55
  10. Morgan, Lewis & Bockius – 51

Top Cities in Maryland (US):

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  1. Baltimore – 10
  2. Potomac – 8
  3. Ellicott City – 6
  4. Clarksville – 4
  5. Frederick – 4
  6. Bethesda – 4
  7. Silver Spring – 4
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Recent Posts:

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Top Global Statistics by 2024

Top 10 Companies:

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Trivia

The answer is: 14.6%

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