We’ve complained in the past when companies, the press and analysts try to use number of patents as a “proxy” for innovation. It’s quite misleading — and various studies have made that clear. You can have tremendous innovation without patents, and you can have tons of patents, without any real innovation. Yet, as reader Nick points out, a report looking at the alternative energy auto space dings Ford for “lagging” in “the alternative energy race” because it doesn’t have as many patents as others.
This is a real shame, because we’ve discussed before how the massive patent thickets in the hybrid car space have been holding back innovation and development in that space. In fact, Ford had a big tussle with Toyota a few years back after Toyota sued Ford and the two companies wasted tons of money and time in court, until the court finally pointed out that Ford did not infringe. On top of that, Ford has been one of the earlier adopters of hybrid offerings and remains the third largest hybrid seller after Toyota and Honda. So, claiming that it’s somehow “lagging” because of fewer patents is quite misleading.
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