The USPTO met a major milestone by reducing the patent application backlog to below 800,000 – helping inventors and businesses secure the intellectual property protections they need to support the economy. Reducing the inventory and shortening patent pendency positively impacts the economy. According to a recent study from the USPTO's Office of the Chief Economist, a one-week patent pendency reduction could increase a U.S. company's financial value on average $35,000. In July, the agency set out
The USPTO met a major milestone by reducing the patent applicatio…
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We’ve marked a new milestone: we’ve issued our first round of digital patents. It’s part of our mission to support America’s innovators – the nation’s patentees who drive the American economy. | United States Patent and Trademark Office
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11K views · 260 reactions | 20 teams of student inventors showed off their creations at the USPTO as they competed for the FIRST® LEGO® League Global Innovation Award. From biodegradable 6-pack rings, to a composter that turns food scraps into fuel, the inventions addressed the global issue of trash. One student describes her team’s project. | United States Patent and Trademark Office | Facebook
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Together with remarks from USPTO Director Andrei Iancu, U.S. inventors showcase their innovations in green technology and discuss the importance of strong intellectual property rights in launching their inventions. Watch the video and read the blog: https://bit.ly/3cQuOwX. | United States Patent and Trademark Office
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