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Related Patent News

IBM Maintains Patent Lead, Moves To Increase Patent Quality


According to the US Patent and Trademark Office (USPTO), IBM earned 2,941 patents last year, more than any other company. This is 13th consecutive year IBM has led the nation's patent production. Also, the company announced that is working with the USPTO, Open Source Development Labs (OSDL), members of the open source software community and academia to improve patent quality.

That initiative has three elements:

  • Open Patent Review - In conjunction with the USPTO, this program will encourage various communities to review pending patent applications and provide feedback to the patent office on existing “prior art” that may not have been discovered by the applicant or examiner.
  • Open Source Software as Prior Art - This project will establish open source software - with its billions of lines of publicly available computer source code contributed by thousands of programmers - as potential prior art against patent applications.
  • Patent Quality Index - This

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    Did You Know?

    A patent protects your invention.

    A patent for an invention is a grant of property rights by the U.S. Government through the U.S. Patent and Trademark Office. The patent grant excludes others from making, using, or selling the invention in the United States. The terms "Patent Pending" and "Patent Applied For" are used to inform the public that an application for a patent has been filed. Patent protection does not start until the actual grant of a patent. Marking of an article as patented, when it is not, is illegal and subject to penalty.

    Contact our Patent Professionals to ensure you complete the patent filing process correctly or for violation of your patent rights.

     

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USPTO

Definition:
United States Patent and Trademark Office, designation became effective April 3, 2000; a result of the American Inventors Protection Act of 1999.

Activity based cost accounting - an accrual-based accounting method for determining unit-based costs of delivering services by allocating the costs to budgetary resources.

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