November 7, 2008
News Release 08-107
Contact: Peg O'Laughlin, 202-205-1819

PATENTS PLAY CENTRAL ROLE IN INDUSTRIAL BIOTECHNOLOGY INNOVATION

Field is Growing as Firms of All Sizes Develop New Patented Products and Processes

Innovation in industrial biotechnology is strong and growing, and patents are playing a central role, according to a new staff research study by the U.S. International Trade Commission's (ITC) Office of Industries.

Patenting and Innovation in Industrial Biotechnology uses patent data, survey results, and profiles of firms in two emerging sectors (cellulosic ethanol and bio-based plastics) to paint a new picture of innovation in industrial biotechnology.

The research study was prepared by ITC staff. The findings in the study are those of the authors and do not necessarily reflect the views of the U.S. International Trade Commission or any of the Commissioners.

The study's principal findings include:

Patenting and Innovation in Industrial Biotechnology (Staff Research Study No. 31, USITC publication 4039, November 2008) is available on the ITC's Internet site at /publications/docs/pubs/research_working_papers/pub4039.pdf.

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