Simply put, our patent system is so dysfunctional and expensive that most Americans are priced out of the patent system. Until Congress makes it easier to protect American technology, that technology will continue to be manufactured overseas.
The percentage of patents that the United States Patent and Trades Office (USPTO) has risen dramatically. But does this mean that American inventiveness has reached a new high? Not quite. In fact, it’s actually the opposite. It spea... Read Post
In high-tech industries, the patent system is tilted in favor large companies that are mainly engaged in incremental innovation, according to Stephen Perlman, a well-known inventor and entrepreneur. That makes things increasingly di... Read Post