Monday 13 July 2020

Innovating as a Small Business


It’s not news that small businesses are making up a smaller fraction of technology creation, according to the statistics of the USPTO. Past the year 2000, InventHelp Innovation there had been a significant shift towards large corporations, and it steadily dwindles by the year as corporations take up patent registrations.

One could only assume that COVID 19 is creating an even bigger hurdle towards small businesses contributing to technology. There are still some promising innovations emerging with startups, like the various cost-efficient medical inventions popping up in response to coronavirus.

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