US Patent Office to Speed Awarding of Green Patents

Dec 9 2009 | 10:19am ET

The U.S. Commerce Department’s Patent and Trademark Office (USPTO) will accelerate the examination of certain “green” technology patent applications, Secretary Gary Locke announced on Monday.

As part of a pilot program to speed current processes, the USPTO will accord the first 3,000 greentech patent applications received special status and expedite their examination. The department says this could trim as much as a year off the time it usually takes to patent a technology.

Patent applications are usually considered on a first come, first served basis, and the process of approving a greentech patent takes, on average, 30 months in a first office and 40 months to a final decision.

If the pilot is successful, the USPTO says it will examine ways to continue and expand the initiative.


In Depth

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note