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The top patent earner in New Jersey last year

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June 21, 2023
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This story originally appeared on ClickUp and was produced and distributed in partnership with Stacker Studio.

The top patent earner in New Jersey last year

Tech and engineering firms were the most inventive patent winners across the U.S. last year—a year marked by growing tension with foreign nations racing to bring world-changing tech like artificial intelligence and space satellites to market.

Nearly 160,000 patents were assigned across the U.S. in 2022, according to the U.S. Patent and Trademark Office. When a patent is awarded through the USPTO, the individual or company that it's given to has the license to a temporary monopoly on business for that specific product or service. Companies have used patent law for decades to defend their intellectual property—including designs and devices against competitors that might attempt to profit off of stolen ideas.

ClickUp used data from the Patent and Trademark Office to find the top patent earner in New Jersey based on the number of patents assigned in USPTO's fiscal year 2022, which ran from Oct. 1, 2021, through Sept. 30, 2022. This analysis was part of a broader national report on the top patent earner in every state. The data looks at the assignees for both regular utility and design patents and was limited to assignees that received at least 10 patents within the year.

Honeywell International Inc. was the top patent-earner in New Jersey last year. It was issued 324 patents from the USPTO within the state, comprising 20.7% of all patents considered for the statewide analysis. Honeywell is an engineering firm that operates in aerospace, materials, and productivity solutions. The firm has patented tech in 2022 that uses augmented reality for installing devices.

Nationally, the vast majority of top patent earners last year were private organizations. Private spending on research and development by U.S. companies has skyrocketed since the economic downturn of the late 2000s. In 2020, it was estimated to total $531 billion, according to the latest available data from the National Center for Science and Engineering Statistics. But nine colleges and universities rose to the top in their respective states for patent filing, as well.

Read on to see who else scooped up the rights to the most cutting-edge tech in New Jersey last year.

#31. Prose Technologies LLC
- Patents issued: 11

#29. Energy Solutions (Us) LLC (tie)
- Patents issued: 13

#29. Composecure, LLC (tie)
- Patents issued: 13

#27. Zoetis Services LLC (tie)
- Patents issued: 14

#27. Essenlix Corp. (tie)
- Patents issued: 14

#26. Intervet, Inc.
- Patents issued: 15

#24. ExxonMobil (tie)
- Patents issued: 16

#24. Bayer Healthcare LLC (tie)
- Patents issued: 16

#23. Ethicon, Inc.
- Patents issued: 17

#22. C. R. Bard, Inc.
- Patents issued: 20

#20. Sun Chemical Corp. (tie)
- Patents issued: 21

#20. Celgene Corp. (tie)
- Patents issued: 21

#19. Intercontinental Great Brands LLC
- Patents issued: 23

#18. Church & Dwight Co., Inc.
- Patents issued: 24

#17. Adp, Inc.
- Patents issued: 25

#16. The Trustees of Princeton University
- Patents issued: 26

#15. Crestron Electronics, Inc.
- Patents issued: 35

#14. Basf Corp.
- Patents issued: 44

#13. As America, Inc.
- Patents issued: 47

#12. Rutgers, the State University of New Jersey
- Patents issued: 51

#11. Howmedica Osteonics Corp.
- Patents issued: 52

#10. Johnson & Johnson
- Patents issued: 57

#9. Commvault Systems, Inc.
- Patents issued: 58

#8. Merck Sharp & Dohme Corp.
- Patents issued: 59

#7. Universal Display Corp.
- Patents issued: 60

#6. Conopco, Inc., dba Unilever
- Patents issued: 62

#5. Roche Holdings, Inc.
- Patents issued: 69

#4. Bristol-Myers Squibb Co.
- Patents issued: 75

#3. Becton, Dickinson and Co.
- Patents issued: 132

#2. Verizon Patent and Licensing, Inc.
- Patents issued: 155

#1. Honeywell International, Inc.
- Patents issued: 324

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