Post by account_disabled on Mar 8, 2024 22:45:45 GMT -6
The United States government and Congress believe that the new patent law, signed this Friday (/) by President Obama, will help lead the country out of the economic crisis and create jobs. "By creating a faster patent approval process and reducing the amount of uncertainty, it will increase investment in the economy today and begin creating jobs today," said National Economic Council Deputy Director Jason Furman, reports the BloombergBusinessweek .
"Somewhere in that pile of patent lawsuits could be the next technological revolution. We should be making it easier and faster to turn new ideas into jobs," said President Obama, upon signing the new "America Invents Act." , according to the Associated Press . The new law radically reforms a patent system that has been in force since Now, the patent owner is the first to register, no longer the first to invent.
The backlog to which the president refers is an accumulation BTC Number Data of million pending patents. More than thousand processes did not even undergo a first review. For a patent to be approved, the registration process currently takes three years, on average, according to AP . Reasons: bureaucracy and lack of funds for the US Patent and Trademark Office, the country's patent registration body.
The law changes the system for collecting fees for approving patent registrations. Control over the collection and application of resources becomes the exclusive responsibility of the Patent Office — previously this was the responsibility of Congress, which usually allocated the funds to other destinations. Congress also stipulated the amount of fees. This function also becomes the responsibility of the patent registration body.
The agency plans to hire around , patent examiners in the next fiscal year, reform its entire obsolete information technology (IT) system, which "is described as much more than horrible" and open branches in various parts of the country to take advantage of local skilled labor, AP reports . The measures will speed up the process of placing new products on the market, which will help revitalize the economy, say supporters of the law.
The new law received bipartisan approval in the US Congress. According to its defenders, it should give more security to inventors and developers of new products, substantially reduce bureaucracy and put an end to unnecessary litigation — especially that of litigants called "johnny-come-lately — the little João who later appears in court to allege that the patent being registered is, in fact, a previous invention of his, which puts the registration on hold," The Register recently wrote .
The office is already putting into operation a rapid processing system for patent applications in the area of green (or ecological) technology. The first company to benefit should be Delaware-based DuPont Co., which wants to obtain patents for biofuel production. "The speed of approval is business-critical. You can accelerate the launch of the pilot project and then production," the chemical company's chief executive Ellen Kullman told Bloomberg Businessweek.
"Somewhere in that pile of patent lawsuits could be the next technological revolution. We should be making it easier and faster to turn new ideas into jobs," said President Obama, upon signing the new "America Invents Act." , according to the Associated Press . The new law radically reforms a patent system that has been in force since Now, the patent owner is the first to register, no longer the first to invent.
The backlog to which the president refers is an accumulation BTC Number Data of million pending patents. More than thousand processes did not even undergo a first review. For a patent to be approved, the registration process currently takes three years, on average, according to AP . Reasons: bureaucracy and lack of funds for the US Patent and Trademark Office, the country's patent registration body.
The law changes the system for collecting fees for approving patent registrations. Control over the collection and application of resources becomes the exclusive responsibility of the Patent Office — previously this was the responsibility of Congress, which usually allocated the funds to other destinations. Congress also stipulated the amount of fees. This function also becomes the responsibility of the patent registration body.
The agency plans to hire around , patent examiners in the next fiscal year, reform its entire obsolete information technology (IT) system, which "is described as much more than horrible" and open branches in various parts of the country to take advantage of local skilled labor, AP reports . The measures will speed up the process of placing new products on the market, which will help revitalize the economy, say supporters of the law.
The new law received bipartisan approval in the US Congress. According to its defenders, it should give more security to inventors and developers of new products, substantially reduce bureaucracy and put an end to unnecessary litigation — especially that of litigants called "johnny-come-lately — the little João who later appears in court to allege that the patent being registered is, in fact, a previous invention of his, which puts the registration on hold," The Register recently wrote .
The office is already putting into operation a rapid processing system for patent applications in the area of green (or ecological) technology. The first company to benefit should be Delaware-based DuPont Co., which wants to obtain patents for biofuel production. "The speed of approval is business-critical. You can accelerate the launch of the pilot project and then production," the chemical company's chief executive Ellen Kullman told Bloomberg Businessweek.