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No, it isn't. Look at their budget[1]; very little money enters or leaves the office. The billions collected in the patent and trademark process are all spent
by vonmoltke 11y ago
No, it isn't. Look at their budget[1]; very little money enters or leaves the office. The billions collected in the patent and trademark process are all spent on the patent and trademark process.
[1] http://www.uspto.gov/sites/default/files/documents/fy16pbr.pdf http://www.uspto.gov/sites/default/files/documents/fy16pbr.p...
- danieltillett 11y agoThe most interesting thing about the USPTO report is the decline in patent applications and hence revenue. They have gone from making profits year to year to making a loss last year. It seems people have realised the lack of value of most patents. If people stop putting in bogus patents applications the US tax payer is going to have to start paying to support the USPTO. Lets hope with less applications coming in that the staff at the USPTO have more time to stop these dubious patents being issued.