The U.S. Patent and Trademark Office requested a $2.71 billion budget for 2012, a 16 percent increase from the previous year.
The patent office says the 2012 budget “will contribute to America’s innovation economy and promote economic growth and competitiveness by cutting the average overall processing time of a patent application from 35 months to 20 months by 2015.”
To read the full, original article click on this link: Patent Office Unveils New, Bigger Budget | Inventors Digest
