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Tapping the Web's Collective Wisdom For Patents

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Old 09-16-2008
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Tapping the Web's Collective Wisdom For Patents
BountyX sends in a CNN story offering an update on the US patent office's experiment in crowdsourcing, called Peer-to-Patent. (We've discussed this initiative a few times in the last couple of years.) In its first year the program has dealt with a minuscule fraction of patent applications, which numbered over 467,000 in 2007, up over 97% from a decade earlier. "The Patent Office reports that it has issued preliminary decisions on 40 of the 74 applications that have come through the program so far. Of those, six cited prior art submitted only through Peer-to-Patent, while another eight cited art found by both the examiner and peer reviewers... [i]n its second year, Peer-to-Patent is being expanded to include claims covering electronic commerce and so-called 'business methods' ..."http://slashdot.org/slashdot-it.pl?f.../09/16/0157220
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