Why are just 12% of inventors with a U.S. patent women? InternationalWomensDay
One decision she’s been grappling with lately: Which of her six inventions she wants to patent.
But Levy and her team invented five other products that she’d also love to patent, but she doesn’t have the money. Depending on complexity of the patent, the cost of filing for a patent typically hovers around $10,000. So she must choose her patent carefully. Women are under-represented in STEM fields and they may not have the network and contacts available to help them navigate the patent process. “There’s untapped potential,” said Amanda Myers, the acting deputy chief economist at the USPTO. “There might be very intelligent and creative women who are not accessing the innovation system. That has real consequences for economic growth as well as our global competitive position.
One theory: Because women have historically been under-represented in these fields, they may not have the network and contacts available to help them navigate the patent process or figure out how to sell their idea as a lucrative patent, Myers said. Another potential problem: Work that women perform on scientific teams is less likely to get their name elevated to authorship of the paper, Milli said. Women might also be contributing to R&D, but may not receive sufficient credit to warrant having their name on the final patent, she added.
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