Partner Article
Minister reveals "superfast" patent plans
The Government have revealed plans to introduce a “superfast” patent processing service, capable of granting patents in just 90 days.
Intellectual Property Minister Lord Younger confirmed the plans and introduced a consultation on how the service should work.
He said: “Inspiration and inventive thoughts can emerge at any time, but acting on them quickly can often be the catalyst for making a real difference to the success or otherwise of an idea.
“Government is committed to making it easy for innovators to turn their ideas into business growth. I am sure this will help to create a streamlined and flexible patent service and bring more choice for those who use it.”
The consultation will seek views on the conditions that would apply in order to use the superfast service; details of how it should work in practice, including fees; and the usefulness of existing patent acceleration services.
The Intellectual Property Office currently offers free acceleration services, where a patent can be granted in less than a year.
This consultation will run for eight weeks until June 12.
This was posted in Bdaily's Members' News section by Tom Keighley .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
Who speaks up for SMEs when giants get bigger?
The true value of HR in an AI-driven working world
What new business rates guidance means for pubs
Business success starts with people investment
It's time to confront the digital poverty crisis
Why a business exit is no longer all or nothing
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome