In this excerpt from the new book Great Again, author Henry R. Nothhaft illustrates how the dysfunction at the United States Patent and Trademark Office is imperiling not only entrepreneurial inventors, but the economic recovery as a whole and even America's global innovation leadership.
Great AgainSince 1992, Congress has diverted nearly $1 billion in applicant-paid fees already earned by the USPTO to other uses (such as to help pay for the 2010 census), leaving the patent office understaffed, under-resourced, and wholly unable to deal with the threefold increase in patent applications over the last twenty years.
To read the full, original article click on this link: Why The U.S. Patent Office Is A National Problem | Fast Company
Author:Henry R. Nothhaft
