This Monday started off with good news for all those in intellectual property world in Silicon Valley and the Bay Area - the USPTO announced that 3 new regional patent offices are being opened. In addition to the new satellite office that is opening in Detroit July 13th 2012, the other offices will be located in San Jose, Dallas and Denver. These locations were chosen based on a few key factors, dispersed equally across all time zones, and as hubs of innovation economies (Silicon Valley representing electronics and biotech, Denver representing aerospace, and Dallas representing energy). San Jose emerged to some as the most logical spot, with Silicon Valley being the top recipient of patents having more than 10,000 granted in 2010.
This announcement comes in response to the agency's efforts to reduce the backlog of pending applications, which to date is sitting at 640,000 awaiting first review. It certainly brings some good news worth celebrating alongside with Independence Day this Wednesday - the Detroit office has created 120 new jobs, and the USPTO will be hiring another 1500 new employees this year, with the next regional office slated to open by 2014. More new jobs and a better framework to support companies efforts to patent their innovations? Sounds like great news to us!