Judge Michel Rides to the Economy's Rescue
Check out a great article by Judge Michel (retired) published in the NY Times op-eds.
He notes studies showing that small businesses create most of the new jobs and that small businesses need patents to get venture funding. He is advocating getting the Patent Office more to catch up on the patent backlog and increase patent issuances, plus a tax credit for small businesses that get a patent.
The problem of long waits for examination is particularly bad for software patents and software companies, one of the most promising areas for economic growth in the future. Hopefully this issue will get the attention it has longed deserved.
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