Apple and Google's patents: Spending more on patents than research or development.

Apple and Google Spend More on Patents Than on R&D

Apple and Google Spend More on Patents Than on R&D

Moneybox
A blog about business and economics.
Oct. 8 2012 8:33 AM

Apple and Google Spend More on Patents Than on Research and Development

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Google's new tablet PC, Nexus 7

Photo by Jung Yeon-je/AFP/Getty Images.

Another factoid for the patents-aren't-innovation file:

Last year, for the first time, spending by Apple and Google on patent lawsuits and unusually big-dollar patent purchases exceeded spending on research and development of new products, according to public filings.
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The whole piece from Charles Duhigg and Steve Lohr is worth a read or a recommendation to a friend, but if you missed Zach Carter's long-form Huffington Post piece on patents when it came out in summer 2011 that's also a very important overview. This is an issue that's only just now starting to get a teensy bit of visibility in political and general-interest circles, but the conversation clearly needs to move out of the twin niches of tech people and patent lawyers.