Friday, February 27, 2009

Patent Office Budget Crisis

For those of you following the trials and tribulations of the Patent Office, they are reporting a significant decline income because of the reduction of issue fees being paid. It is even rumored that they may be laying off examiners (denied by PTO management). So we perform a more rigorous examination, and the number of patents issued goes down then we get laid off.... the incentives in the system are completely inappropriate.

Under the Patent Demand model, the $50,000 application fee (for large entities only) covers all fees related to the application, prosecution, appeal to the Board and life of the patent. Applicants pay only once and the USPTO is fully funded by the application fees. Denial or allowance of a patent application becomes irrelevant to the financial health of the USPTO (and the Examination Corp).

3 comments:

Anonymous said...

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Anonymous said...

Hi,

This is a question for the webmaster/admin here at patentdemand.blogspot.com.

May I use some of the information from this blog post right above if I give a backlink back to this website?

Thanks,
Peter

Tim Wilson said...

Peter,

You may use the information. Please credit.