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Tag Archives: backlog
House Judiciary Committee’s Patent Reform Bill is in Need of Reform, Says BIO
PRESS RELEASE WASHINGTON, D.C. (Friday, April 15, 2011) - Biotechnology Industry Organization (BIO) President and CEO Jim Greenwood released the following statement regarding the America Invents Act, H.R. 1249, which passed the House Committee on the Judiciary yesterday: “BIO has consistently praised House Judiciary Committee Chairman Lamar Smith (R-TX) for his introduction of a comprehensive patent reform bill similar to the bill adopted by the U.S. Senate earlier this month by a nearly unanimous vote. Read More >
Patent backlog hinders nation’s job creation
Article from the Milwaukee Journal Sentinel with interesting numbers. Highlights: -Many of the missing jobs – hundres of thousands or possibly millions – are buried under the backlog of 1.2 million unprocessed patent applicatoins that have accumulated over the past 10 years at the U.S. Patent and Trademark Office. -A single U.S. patent can create three to ten jobs. -Nothaft estimates more than 2 million new jobs are buried in the backlog -”Innovation is our Read More >
