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Critics of the NSF study argue that not every oft cited patent will be commercially valuable. Carlos Kruytbosch, head of the NSF Science Indicators Unit, admits that a patent may be cited in later applications because it represents an important historical precedent for future inventions but the original patent may never lead to anything that can be profitably produced. Patents are more important in businesses where technology moves relatively slowly, like the pharmaceutical industry, than in fast-changing fields such as electronics and computer science...

Author: /time Magazine | Title: Eyes on The Prize: Japan challenges America's reputation | 3/21/1988 | See Source »

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