United States Patent and Trademark Office: Closing the Gap on Pendency in Class 705 Business Methods

26 Pages Posted: 23 Jun 2009

See all articles by Raul O. Chao

Raul O. Chao

University of Virginia - Darden School of Business

Lauran McCray

University of Virginia - Darden School of Business

Abstract

The United States Patent and Trademark Office (USPTO) experiences overwhelming demand for patents in Class 705: Business Methods. The current resources and process design are not sufficient to handle the incoming patents, and the result is extremely long wait times for patents to be granted. This technical note describes the history of the USPTO, the Business Methods Class, and the process for granting patents.

Excerpt

UVA-OM-1358

Nov. 25, 2008

The United States Patent and Trademark Office:

Closing the Gap on Pendency in Class 705 Business Methods

The United States Patent and Trademark Office (USPTO) is an agency of the U.S. federal government within the Department of Commerce. It is a performance or production-based organization that receives fees from its users to fully fund its operations.

The foundation of the USPTO was outlined in the U.S. Constitution, Article 1, Section 8, clause 8: “Congress shall have power … to promote the progress of science and useful arts, by securing for limited times to authors and inventors the exclusive right to their respective writings and discoveries.”

. . .

Keywords: Process design and analysis, process improvement, queueing

Suggested Citation

Chao, Raul O. and McCray, Lauran, United States Patent and Trademark Office: Closing the Gap on Pendency in Class 705 Business Methods. Darden Case No. UVA-OM-1358, Available at SSRN: https://ssrn.com/abstract=1422364 or http://dx.doi.org/10.2139/ssrn.1422364

Raul O. Chao (Contact Author)

University of Virginia - Darden School of Business ( email )

P.O. Box 6550
Charlottesville, VA 22906-6550
United States
434-982-2681 (Phone)

Lauran McCray

University of Virginia - Darden School of Business

P.O. Box 6550
Charlottesville, VA 22906-6550
United States

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