Wealth of Ideas Blog

FTC Report on PAEs Is Not the Condemnation the Anti-IP-Rights Groups Wanted

As we went to press with the October Wealth of Ideas® e-letter, the Federal Trade Commission (FTC) released its long-awaited report on Patent Assertion Entities (PAEs). Titled “Patent Assertion Entity Activity: An FTC Study,” this report was generated at the request of the anti-IP-rights lobby that hoped it could use the report to push through patent-weakening legislation.

FTC Report on PAEs Is Not the Condemnation the Anti-IP-Rights Groups Wanted

As we went to press with the October Wealth of Ideas® e-letter, the Federal Trade Commission (FTC) released its long-awaited report on Patent Assertion Entities (PAEs). Titled “Patent Assertion Entity Activity: An FTC Study,” this report was generated at the request of the anti-IP-rights lobby that hoped it could use the report to push through patent-weakening legislation.

GAO Makes Two Recommendations for Improving Prior Art Searches

The General Accountability Office (GAO) issued three reports this year regarding the U.S. Patent and Trademark Office (USPTO). In August, we summarized the first of these reports, Patent Office Should Define Quality, Reassess Incentives, and Improve Clarity. Last month, we provided a summary and analysis of the second report, Patent Office Should Strengthen Search Capabilities and Better Monitor Examiners' Work.

GAO Makes Two Recommendations for Improving Prior Art Searches

The General Accountability Office (GAO) issued three reports this year regarding the U.S. Patent and Trademark Office (USPTO). In August, we summarized the first of these reports, Patent Office Should Define Quality, Reassess Incentives, and Improve Clarity. Last month, we provided a summary and analysis of the second report, Patent Office Should Strengthen Search Capabilities and Better Monitor Examiners' Work.

U.S. Patent Applications Were UP in 2015, but Granted Patents Were Flat

The data for calendar 2015 are in from both the U.S. Patent and Trademark Office and the European Patent Office, and for the first time since 2007, the number of patents issued by the USPTO declined. The Patent Office granted 326,032 U.S. Patents in 2014 and 325,979 U.S. Patents in 2015 – a decrease – but a decrease of just 53 or .01625%, so granted U.S. Patents were essentially flat from calendar 2014 to 2015.

U.S. Patent Applications Were UP in 2015, but Granted Patents Were Flat

The data for calendar 2015 are in from both the U.S. Patent and Trademark Office and the European Patent Office, and for the first time since 2007, the number of patents issued by the USPTO declined. The Patent Office granted 326,032 U.S. Patents in 2014 and 325,979 U.S. Patents in 2015 – a decrease – but a decrease of just 53 or .01625%, so granted U.S. Patents were essentially flat from calendar 2014 to 2015.