Streamlining the Patent Application Process to Nurture the Innovation of Tomorrow
Summary
To clear a path for the innovations that will fuel our nation’s economic recovery, the Biden-Harris Administration should streamline the patent application process by improving the correspondence between patent claims and the specification, supporting search clarity, and ensuring concise specifications. Not only would this reduce the time lost to bureaucratic paperwork, but these efforts would also give innovators a more efficient road to acquire patents. In turn, applicants, examiners, and the public at large would benefit from the new industries and innovations to come.
Interagency Community Investment Committee agencies should partner with the Small Business Administration to use their existing authority and infrastructure to pilot a secondary market for their securitized debt instruments.
There are exciting things ahead for communities that participated in the NSF Engines grant program, even for those that missed out on securing funding.
At the beginning of April, the Congressional Research Service (CRS) released a landmark report outlining the scope of federal investments in regional ecosystems, something we have written about at FAS in the past. This CRS report, ‘Regional Innovation: Federal Programs and Issues for Consideration,’ does an excellent job covering the scope and scale of our massive federal investment […]
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