THIS IS AN ARCHIVED SITE
This site contains information from January 2009-December 2014. Click HERE to go the CURRENT commerce.gov website.

USPTO and UKIPO Announce Action Plan to Reduce Global Patent Backlogs

Printer-friendly version
USPTO seal

Commerce’s United States Patent and Trademark Office (USPTO) and the UK Intellectual Property Office (UKIPO) today agreed to develop an action plan for reducing patent processing backlogs in both offices. Patent backlogs hinder the deployment of innovation and have clear adverse effects on the global economy. According to a study by London Economics released on behalf of the UKIPO, the first study that attempts to quantify the economic impact of patent backlogs, the cost to the global economy of the delay in processing patent applications may be as much as £7.65 ($11.4) billion each year. (More)

Comments Closed

Due to increased spam, comments have been closed on this content. If you wish to comment about the content, we encourage you to email webmaster@doc.gov.