Patent Backlog Stifling Job Creation

The director of the U.S. Patent and Trademark Office (USPTO), David Kappos, said at the annual trade show of the Biotechnology Industry Organization earlier this week that he thinks the USPTO is hampering the creation of millions of potential jobs because of its inability to keep pace with the volume and complexity of the applications it receives. This is occuring at a time when technology innovation has become the last remaining source of "sustainable competitive advantage."

Full Story: http://www.entrepreneurship.org/PolicyForum/Blog/post/2010/05/04/Patent-Backlog-Stifling-Job-Creation.aspx