Why is the distinction between patent filings and granted patents important for measuring leadership?

Answer

Granted patents reflect successful navigation of the legal examination process.

A high number of patent filings shows intent and activity, but the number of granted patents demonstrates actual legal success. Mastering the examination process and securing legal rights is a significant hurdle. Companies that lead in patenting are those that have successfully balanced high-volume invention with the legal expertise required to convert those inventions into defensible, legally recognized property.

Why is the distinction between patent filings and granted patents important for measuring leadership?
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