Many licensing executives hold the belief that the U.S. patent system is antiquated and in need of an overhaul. David Kappos, Director of the United State Patent & Trademark Office (USPTO), not only echoed that opinion at the recent LES Spring Meeting, but also provided details on two initiatives that encourage open dialogue between inventors and examiners and create a re-engineered system that would boost USPTO review efficiencies. Using metrics-based management, Kappos is leading the charge to achieve new USPTO records in output and numbers of patent grants, all which would greatly benefit licensing executives and our country.
May 17, 2011
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