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by aadibiIn 2017, the United States Patent and Trademark Office (USPTO) issued 318,849 utility patents. Patent applications have increased by 5.2% since 2016. The total number of applications was about 380,000. This is a positive sign for inventors and innovators.
However, with the increasing power and access to technology, more people are now capable of innovation. Today’s inventors are in office cubicles, delivering presentations, making sales calls, or just everyday people.
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by aadibiThe term “patent pending” is a legal designation or expression used to describe the interim between a patent application being filed with the United States Patent & Trademark Office (USPTO), and the patent being issued by the USPTO or the application abandoned.
The terms “patent pending” and “patent applied for” are permitted to be used by the inventor so long as a patent application has actually been filed with the USPTO. The patent applicant may then legally mark their invention with the term “patent pending” for the duration that they hold a non-expired provisional application or a pending non-provisional application. So you may be asking yourself, what is the difference between the two, and does it matter? (more…)
