Washington D.C. - According to the Economist, "IN 1970 the United States recognised the potential of crop science by broadening the scope of patents in agriculture. Patents are supposed to reward inventiveness, so that should have galvanised progress. Yet, despite providing extra protection, that change and a further broadening of the regime in the 1980s led neither to more private research into wheat nor to an increase in yields. Overall, the productivity of American agriculture continued its gentle upward climb, much as it had before."
Washington D.C. - According to the U.S. Chamber of Commerce, "One of the nation's most respected startup and entrepreneurship research organizations last week issued a series of public policy recommendations that the group believes Congress could implement in order to accelerate the formation and growth of new companies and help reinvigorate the American economy."
Washington D.C. - Opposition to H.R. 9, the Innovation Act, has successfully removed the patent reform legislation from the House's pre-recess schedule. The collective voice of the life sciences community, including BioNJ and BIO, was raised in overwhelming opposition to the current version of the bill, which does not provide adequate reform to the IPR system of patent challenges at the U.S. Patent & Trademark Office (PTO).
Trenton, NJ - In 1965, Intel co-founder Gordon Moore observed that the number of transistors per square inch on integrated circuits had doubled every year since the integrated circuit was invented, which eventually led him to predict that this trend would continue into the foreseeable future.
Washington D.C. - Four years ago, the Information Technology and Innovation Foundation (ITIF) advocated for an idea that is now drawing attention on Capitol Hill: "patent boxes." So named because they can involve adding a special check box to tax forms, the goal of patent boxes is to spur commercialization of research and development by allowing corporate income from the sale of patented products to be taxed at a lower rate than other income.
Newark, NJ - Somenath Mitra, distinguished professor of chemistry and environmental science, was awarded a patent last month for a next-generation water desalination and purification technology that uses uniquely absorbent carbon nanotubes to remove salt and pollutants from brackish water and industrial effluent for reuse by businesses and households.
Trenton, NJ - An altered and diminished labor market has driven many people – from recent college graduates to retirees – to form their own high-tech startup companies, and their efforts have been facilitated by a robust Internet era, which features easy access to relevant information, as well as smooth communications with colleagues and other experts.
Chatham, NJ - The Research & Development Council of New Jersey is looking for submissions for its annual Edison Patent Awards, honoring the most exceptional efforts of scientists and inventors, along with their organizations. Award winners will be selected by the Council’s Patent Award Committee which is made up of several of New Jersey’s top researchers. The winners will be announced in June and honored at the Council’s awards ceremony at the Liberty Science Center in November.
For more information and the application: http://www.rdnj.org/news/wp-content/uploads/2015/02/2015-Edison-Patent-Award-Nomination-Form.pdf
Trenton, NJ – We know what businesses are looking for capital investments when they go to a venture capital firm, but what are venture capitalists looking for from them? What qualities will help them decide to invest in a business? Richard Harroch wrote an article titled, “12 Venture Capitalists Share How Startups Get Their Attention,” summarizing what twelve venture capitalists have to say about lesson learned, investing in companies like Skype, Uber and Tesla Motors.
Washington D.C. - Michael Rosen of the American Enterprise Institute highlighted the 225th anniversary of the enactment of the first-ever American patent statute, which President George Washington signed into law on April 10, 1790. "Back in those days, the president himself affixed his dramatic signature to the very first 'letters patent': Samuel Hopkins’s “Improvement,” which consisted of “the making of Pot ash and Pearl ash by a new Apparatus and Process,” an invention our nation’s father personally deemed to be “in pursuance of the act, entitled ‘An Act to promote the Progress of useful Arts.’”
Columbus, OH – Battelle and the Academy of Radiology Research produced a new report that showed how federal R&D funding succeeds in producing patents. The report examines essentially all federal R&D and finds that, per patent, public-sector agencies provide a return comparable to private-sector ones. The Academy and Battelle among other things raise the profile of imaging research through education and advocacy.
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