(p. A15) Fostering patentable innovation should appeal to President Trump. He is the only U.S. president other than Abraham Lincoln to have his name on a U.S. patent header. Though he wasn’t the inventor, Trump Taj Mahal Associates’ 1996 patent for a “Proportional payout method for progressive linked gaming machines” makes Mr. Trump, at least indirectly, the second presidential patenter.
But unlike Lincoln’s invention, a method of lifting boats over shoals that was cited only 10 times as prior art by subsequent inventors, the Trump Taj Mahal patent has accrued an incredible 1,066 citations. These citations are a key metric for judging economic significance and downstream impact. For someone who loves ratings, Mr. Trump must surely be pleased that his patent topped the charts.
For the full commentary, see:
Mike Kalutkiewicz and Richard L. Ehman. “A Government Agency That Produces Real Innovation; What does Trump have in common with the National Institutes of Health? Patents.” The Wall Street Journal (Friday, June 23, 2017): A15.
(Note: the online version of the commentary has the date June 22, 2017.)