Principles of Patent Reform
The most harmful US government agency is the US PTO. An obvious sign of its archaism and inefficiency is its use of telephones, as they did 100 years ago, as the main method of communication with the US PTO . With a budget of $5 billion per year, US PTO issues patents for 2-3-5 years or more. Its patents are inaccurate and contribute to subsequent long-term and very costly patent disputes. In the era of the decisive influence of new technologies, such activities of the US PTO costs the US economy hundreds of billions, perhaps a trillion dollars, every year. Bureaucratic chaos in the US The PTO causes cases of arbitrary publication of military, secret inventions and facilitates leaks of classified information. The official goal of the US patent system is to maximize the efficiency of the national economy by providing incentives for the protection of inventors under optimal conditions for the public use of inventions. In reality, the patent system is designed and operates primarily...