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Patent tax breaks prove controversial
Patent tax breaks prove controversial - Trends
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When David Kappos was sworn in as director of the U.S. Patent and Trademark Office in August, he must have felt like a pilot brought in midflight to take the controls of an airplane in a tailspin. He said as much not long after. “The nose of this airplane is pointed down,” he bluntly told a gathering of corporate counsel. As goes the patent office, so goes the economy, says Kappos, who came to the job from IBM, where he was vice president and assistant general counsel. The PTO either launches or buries innovation, the watchword in a nation whose manufacturing muscle has withered. And it is widely believed the PTO has ...
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