Closing Diversity Gaps in Innovation: Gender, Race, and Income Disparities in Patenting and Commercialization of Inventions
These disparities hold back economic growth and U.S. leadership in innovation. Achieving greater gender, race, and income diversity in inventing and patenting would unlock a wealth of innovation, economic growth, and job creation that is now untapped, bringing new inventors, new ideas, and new technologies into the innovation pipeline.
The U.S. government, educational institutions, and private industry should adopt measures to promote broad participation in invention and patenting to ensure that women, people of color, and lower-income individuals can contribute equally to the innovation economy. U.S. public policy and private practice should reflect the imperative that broad participation in inventing and patenting drives continued U.S. leadership in the global innovation economy and promotes fundamental fairness. This article concludes with recommendations for policymakers concerning ways to close the gender, race, and income gaps that persist in the innovation ecosystem.
Document Type: Research Article
Publication date: June 1, 2018
Technology and Innovation, edited and published by the National Academy of Inventors, is a forum for presenting information encompassing the entire field of applied sciences, with a focus on transformative technology and academic innovation. Regular features of T&I include commentaries contributed by the United States Patent and Trademark Office (USPTO) and in-depth profiles of Fellows of the National Academy of Inventors in every issue.