Women Participation in Patenting Brings Substantial Economic Value
By Ferraiuoli LLC
Women’s participation in patenting—both in AI and other technologies—is growing and associated with more diverse teams and patents with higher economic value.
“The findings are essential in guiding our work to strengthen and broaden the innovation ecosystem,” said Director of the United States Patents and Trademark Office (USPTO) Kathi Vidal. “Women are severely underrepresented in science, technology, engineering and mathematic fields, and the emerging field of biotechnology AI is no exception. Fortunately, studies like these bring awareness to the issue and help facilitate important conversations and action.”
The findings were reached by using the AI Patent Dataset and information on inventors’ genders available via PatentsView to study women’s participation in the AI innovation ecosystem. The results were shared by tthe USPTO in an article published in the journal, Nature Biotechnology.
The article also shows that more can be done to diversify the AI innovation ecosystem, especially in the university sector and within the emerging field of biotechnology AI, an area where women’s participation is associated with substantial value.