Is it better to seek mediation rather than go to court to settle a dispute? Mediation is defined by freedictionary.com as “a method of resolving an industrial dispute whereby a third party consults with those involved and recommends a solution which is not, however, binding on the parties”. When a dispute occurs between two or […]
In 1916, a glass bottle manufacturing company in Terre Haute, Indiana won a bottle design contest. Their contour shaped bottle is today recognized worldwide by billions of consumers and is one of the most recognizable examples of trade dress protection. The glass bottle company was The Root Glass Company. The bottle they designed was for […]
As a native New Englander, I have been known to say the phrase “wicked awesome” repeatedly when describing an enjoyable moment. This phrase is quite commonly used by New Englanders so it is not very original. However, if I was a professional athlete I may wish to trademark this catchphrase. As a famous athlete, this […]
By Ken Datzman, Brevard Business News 05/28/2012
There are few government entities like the U.S. Patent and Trademark Office.
Beyond Wall Street, it is the rooted center of the universe of American capitalism. The office receives patent applications from entrepreneurs and businesses at the rate of more than 450,000 a year, with the majority filed electronically.
Some 6,000 examiners, generally scientists and engineers, review the applications, of which more than 150,000 a year are approved for patents.
As far as who can file to protect their invention, the patient office specifies only that the subject must be “useful.” The USPTO has granted more than 8 million patents since 1790.
These patented inventions help power the economy, in a big, sweeping way. Intellectual–property–intensive industries today support at least 40 million jobs and contribute more that $5 trillion to the U.S. gross domestic product, according to a U.S. Department of Commerce report
