Low Patent Allowance Hurts Innovation: Experts

Law360, New York (October 2, 2008, 12:00 AM EDT) -- As federal examiners approve a smaller percentage of patent applications, company executives say they are seeing technology and drug innovation being stifled in cities like San Diego.

A drop in the number of patents issued to many San Diego companies last year appears to mirror the U.S. Patent and Trademark Office’s declining patent allowance rate and is pushing some companies to look at their options abroad or consider trade secrets instead of patents, according to local executives at a roundtable discussion hosted by law firm Knobbe...
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