Friday, May 07, 2010

Patents: Greenies get the fast track

Today the office still struggles with a major backlog. But inventors of green technology may have a leg up. Under a program that started in December, they can request that their patents be put through an accelerated queue. The purpose of the program is to help them raise money, start up businesses and bring products to the market more rapidly. On Tuesday, Skyline Solar, a solar panel builder in Silicon Valley, was awarded one of the first patents to emerge from the queue. “When a company says a patent is pending, things are uncertain. This gives us certainty,” said Bob MacDonald, the chief executive officer of Skyline. “And it helps get new investors comfortable with the intellectual property,” he added. Skyline filed its patent application in April 2008 and petitioned to move it into the accelerated queue in December. It’s a remarkable speed-up: it had typically taken two to three years for a green technology patent application to be reviewed...more

I guess the subsides weren't enough. Meanwhile, everyone else faces delays and "uncertainty."

I say clear-cut the regulatory jungle for everybody.

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