Weighted Average Annual R&D Expense
Source: Nasdaq, Factset. Data as of 12/31/2021.
Top 10 Key Areas for Patent Filing within Disruptive Tech
62 companies in the Nasdaq-100® (representing 85.6% of index weight) recently filed patents across one or more of 34 key areas of Disruptive Technology such as Artificial Intelligence, Clean Energy, or Blockchain.
Natural Language Processing*
Virtual Reality Augmented Reality
Speech Recognition Chatbots
*21 companies in the Nasdaq-100® filed at least 1 patent relating to Natural Language Processing (NLP) in our 12-month. study period, and collectively filed 38% o f all such patents. Amazon, Google, Apple, Baidu & Microsoft together accounted for 31% of all NLP patent activity.
Source: Nasdaq as of December 31, 2021; Yewno as of November 30, 2021
Growth in Global Aggregate Value of Patents Among Publicly Listed Companies, 2007-2021
The current crop of Nasdaq-100® constituents has grown the value of their patents by ~10x since May 2007, vs. ~3.4x across all publicly-listed, tracked companies globally. Growth for the S&P 500 overall was ~5x, but only ~3.5x excluding the contribution of overlapping Nasdaq-100® firms. Global growth ex-US was only ~3x.
Source: Nasdaq. Data as of 12/31/2021.