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 Commerce Under Secretary Highlights Nevada’s Innovation and Competitiveness



Las Vegas, Nev. -- Under Secretary of Commerce for Intellectual Property and Director of the United States Patent and Trademark Office (USPTO) Jon Dudas today highlighted Nevada’s innovation and competitiveness as a follow-up to President George W. Bush's State of the Union address announcing the American Competitiveness Initiative (ACI).

“Nevada is growing in terms of its intellectual property, skilled work force and economic strength,” Under Secretary Dudas said. “In short, Nevada is helping America continue to lead the national and world economies.”

In highlighting the President’s American Competitiveness Initiative during remarks to local government officials, inventors, business representatives and educators, Dudas lauded the area’s impressive examples of innovation, noting that such regional development is “key to our nation’s economic future.”

In the past 10 years, the number of patents awarded to residents of Nevada has more than doubled, from 212 pate

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Did You Know?

A patent protects your invention.

A patent for an invention is a grant of property rights by the U.S. Government through the U.S. Patent and Trademark Office. The patent grant excludes others from making, using, or selling the invention in the United States. The terms "Patent Pending" and "Patent Applied For" are used to inform the public that an application for a patent has been filed. Patent protection does not start until the actual grant of a patent. Marking of an article as patented, when it is not, is illegal and subject to penalty.

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 Helpful Patent Terms

COTS

Definition:
Commercial Off The Shelf - an acquisition term refering to commercially available ready to use products that require no customization in order to meet performance requirements.

Abandon

Definition:
The explicit or implicit relinquishment of a potential patent right. Simple inaction may render a patent right abandoned

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