Future Growth of NLP Market

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What is the projected market size for the NLP industry in 2023?

US$2 billion

US$1.5 billion

US$1.58 billion (correct)

US$1 billion

Which factor is NOT mentioned as driving the growth of the NLP market?

Development of new algorithms

Decreasing demand for NLP-powered applications (correct)

Growing demand for NLP-powered applications

Availability of data

What is one of the key outcomes needed from more comprehensive surveys of the NLP patent landscape?

Decrease in demand for NLP-powered applications

Exclusive patents on NLP technologies

Key strategic insights for innovation (correct)

Increase in NLP market competition

Which application is NOT listed as utilizing NLP technology?

Facial Recognition Signup and view all the answers

Who provided the first in-depth analysis of NLP patents according to the text?

Haney Signup and view all the answers

What can a thorough analysis of the NLP patent space inform according to the text?

Research and Development (R&D) planning Signup and view all the answers

What was the minimum topic size established for the Bertopic analysis?

50 Signup and view all the answers

What was the range of n-grams used in the Bertopic analysis?

(1, 2) Signup and view all the answers

According to Figure 1, which NLP topic had the largest cluster of patents?

Speech recognition Signup and view all the answers

What is the potential reason for the peak in NLP patent publications between 2018 and 2022?

Both advancements in technology/funding and recognition of NLP applications Signup and view all the answers

What does the trend in Figure 2 depict?

The importance of NLP over time Signup and view all the answers

When did the number of NLP patent publications start increasing significantly?

After 2010 Signup and view all the answers

What insights can the analysis of patent duration, legal status, and patterns provide?

Insights into the patenting process in the NLP field and strategies used by inventors and assignees Signup and view all the answers

What is the potential use of the cleaned and processed dataset mentioned in the text?

It can serve as a valuable data source for further research on NLP patents Signup and view all the answers

What implications are mentioned in the text regarding the findings of this analysis?

Implications for policy discussions about innovation in the NLP field and practical decisions about patent strategy Signup and view all the answers

Which section of the paper is mentioned to present previous related work in the area of AI and NLP patents?

Section 2 Signup and view all the answers

What does the text indicate about the organization of the paper?

The paper is organized into sections covering introduction, related work, research questions, and conclusions Signup and view all the answers

What does the text suggest about the purpose of the citation to Warin et al.?

It discusses the implications of AI and NLP patents for intellectual property law Signup and view all the answers

Which company is identified as the second most prolific applicant for NLP patents?

Microsoft Signup and view all the answers

According to the information provided, which academic institution has the most NLP patents?

Institute of Computing Tech CN Academy Signup and view all the answers

What is the key difference in patent volumes between the top academic institutions and industry players highlighted in the text?

The industry players have significantly more patents than the top academic institutions. Signup and view all the answers

Which of the following companies is not mentioned in the list of top 10 NLP patent applicants?

Microsoft Research Signup and view all the answers

What is the significance of the presence of both Western and Eastern companies in the top NLP patent applicants?

It indicates that NLP research and innovation is a global endeavor. Signup and view all the answers

How many patents are attributed to the Chongqing College of Electric Engineering, according to the information provided?

14 Signup and view all the answers

Which areas of NLP are identified as key areas of interest in research and development?

Information retrieval, speech recognition, speech-to-text systems, and natural language data processing Signup and view all the answers

What is the most cited patent in the dataset discussed in the text?

US 30933694 A for 'Personal Communications Internetworking' Signup and view all the answers

Which of the following statements is true about the top three most cited patents mentioned in the text?

They focus on data transfer methods through a communication network. Signup and view all the answers

Based on the information provided, which of the following can be inferred about highly cited patents?

They are typically focused on fundamental technologies or methods that serve as a foundation for other inventions and applications. Signup and view all the answers

What can be inferred about the citation count of a patent from the information provided in the text?

It is directly proportional to the novelty and importance of the patented invention. Signup and view all the answers

According to the information provided, what is the primary purpose of the top three most cited patents mentioned in the text?

They outline methods for data transfer and communication over networks. Signup and view all the answers