Sunday, April 19, 2015

U.S. patent chief in Detroit: We'll get faster

Michelle Lee, the new director of the U.S. Patent and Trademark Workplace and undersecretary of commerce for intellectual house, stated the agency is aiming to be more responsive to tech organizations that are searching for patents.

USPTO's aim, she stated, is to provide patent decisions within an average of 20 months by 2019. It at present can take years for patent applications to make their way by means of the system, an excruciating delay for businesses that have to have patents to introduce new merchandise and add jobs.
"We do recognize that it is critically critical that providers get their intellectual property rights swiftly so that you can take venture capital funding and enter the markets,"

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