Infographics

The Companies That Apply for the Most Patents and Trademarks (Infographic)

Senior Entrepreneurship Writer at CNBC
2 min read

They say imitation is the highest form of flattery. That may be true in fashion, but if you are an inventor, imitation can be bad for business.

That’s why getting a patent on your invention or copyright on your word, phrase or symbol is so important.

Related: Protect Your Business Name: Tips on How to Secure a Trademark (Infographic)

As of Dec. 1, Big Blue had been issued almost 7,000 patents in 2014. After IBM, the company with the second highest number of patents issued was Korean-headquartered technology giant Samsung, with more than 5,000 patents filed. Canon, Sony and Microsoft round out the top five, according to the infographic generated with United States Patent Office data by SmartUp, a legal startup that is building an online platform connecting attorneys and clients.

While getting your idea legally protected is a smart idea, getting a patent is no speedy task. In fact, it took more than two years, on average, for a patent application to be completed. In the software industry, it took even longer. To get a patent issued in the software industry, it took almost 32 months. That’s almost three years.

For more stats on the patent industry, have a look at the infographic, embedded below.

Click to Enlarge

Patents (Infographic)

Related: Before Spending Money on Your Great Idea Be Sure It Isn't Invented Already

More from Entrepreneur

Are paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.
Get Your Quote Now

One-on-one online sessions with our experts can help you start a business, grow your business, build your brand, fundraise and more.
Book Your Session

Whether you are launching or growing a business, we have all the business tools you need to take your business to the next level, in one place.
Enroll Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

How to Be Invisible Online -- Without Going Off the Grid (Infographic)