Women’s participation creates high-value patents
Faced with the problem of a declining birthrate, an aging population and a declining labor force, Japan has been expecting women’s more active participation in society. Recently, certain data suggested that women’s participation is also important for promoting innovation. On July 16 2018, it was reported that Development Bank of Japan concluded that companies’ research and development would create higher economic value patents, if it involves both male and female inventors. The economic value in this analysis is calculated based on the value of patent assets calculated from the company’s market capitalization etc. and the number of papers that cite the patent. The result of analysis reportedly shows that the […]