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 Commerce Under Secretary Highlights Nevada’s Innovation and Competitiveness



Las Vegas, Nev. -- Under Secretary of Commerce for Intellectual Property and Director of the United States Patent and Trademark Office (USPTO) Jon Dudas today highlighted Nevada’s innovation and competitiveness as a follow-up to President George W. Bush's State of the Union address announcing the American Competitiveness Initiative (ACI).

“Nevada is growing in terms of its intellectual property, skilled work force and economic strength,” Under Secretary Dudas said. “In short, Nevada is helping America continue to lead the national and world economies.”

In highlighting the President’s American Competitiveness Initiative during remarks to local government officials, inventors, business representatives and educators, Dudas lauded the area’s impressive examples of innovation, noting that such regional development is “key to our nation’s economic future.”

In the past 10 years, the number of patents awarded to residents of Nevada has more than doubled, from 212 pate

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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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