USPTO Keeps Granting Patents At Record Rates: 6,000 Utility Patents Granted In A Single Week
from the throwing-sand-in-the-gears-of-innovation dept
With the latest attempt at patent reform stalling out a bit, it's worth looking at how the last attempt to reform patents to stop abuse, 2011's America Invents Act, has helped solve the problem of bogus patents. Oh, actually, it hasn't. As Patently-O notes, patenting has continued to shoot up at an insane pace, setting new records along the way. Does anyone actually believe that the US has really become that much more inventive in just the past few years, or can we reasonably assume that the USPTO is passing a ton of crappy patents, ensuring that patent trolling activities over bad patents continue for decades to come? The latest dubious "record" is the USPTO granting over 6,000 utility patents in a single week.
Because nothing says "innovation" like throwing over a quarter of a million monopolies into innovative markets every year. That's not helping innovation. It's throwing piles upon piles of sand into the gears of innovation.