C4IP is recognizing patents, copyrights, and trademarks registered during the month of August for historic inventions that changed their industries and the way we live today.
1930: On August 26, Philo T. Farnsworth received a patent for the first completely electronic television, laying the foundation for an industry that would revolutionize news, sports, and entertainment. Today, televisions are ubiquitous. In 2022, over 200 million were sold worldwide the value of the global television broadcasting market was estimated at more than $270 billion.
1904: On August 2, Michael Owens received a patent for an automatic glass-shaping machine that revolutionized the production of glass bottles and jars. In 2022, the value of the global market for glass bottles and containers was estimated at over $60 billion and is expected to top over $96 billion by 2029. Approximately 690 billion glass bottles and containers are forecast to be produced around the globe this year.
1898: On August 9, Rudolf Diesel received a patent for an internal-combustion engine, which would become known as the “diesel engine.” Today, the technology has a significant impact on the U.S. economy. In fact, heavy-duty clean diesel engines generated over $4 trillion in economic value in just one quarter of 2019, and over 80% of goods that flow through the U.S. by land or sea are transported using diesel technology.