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There are 3 types of patents: Utility Patents are issued for new inventions that can be utilized such as processes, manufacturing, machines, or chemical compositions.
The most commonly seen patents are invention patents, utility models and design patents.
All three types of patents (utility, design and plant) can be applied for manually.
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The innovation of SMEs is measured by technological innovation: patent, utility model, trademark, and new design registrations.
"They have over 500 issued patents with utility, and Celera has zero".
Secondary outcomes included devices developed, provisional patents filed, utility patents filed, and LLCs formed.
Patents and utility models are considered to approximate for significant and incremental innovations, respectively.
Table 5 shows the ranking of variables with different quantiles after the addition of patents for utility models and designs.
This paper examines how the role of patents and utility models in innovation and economic growth varies by level of economic development.
The results of the regression taking patents for utility models and designs as the dependent variables are shown in Table 9.
Secondary outcomes including devices developed, provisional patents filed, utility patents filed, and LLCs formed increased 3.1, 1.3, 5, and 12 fold, respectively, from the first year to the fourth year of competition, demonstrating that as solutions to the initial four challenges identified by Zuckerman et al. were applied, improved secondary outcomes were seen.
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