In a BusinessWeek article, various technology company CEOs contend that patent reform is necessary to preserve American innovation, and that due to the large backlog of applications, all the applications will take at least two years to process with the current staff. Because of that, the article claims that ā700,000 [applications] are just sitting in a stack.ā
Wait a minute, are you serious? So the last person who submits his application gets his stuff reviewed first? I think Iām going to apply for a patent then!