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Simple English definitions for legal terms

Business Methods Patent Initiative

Read a random definition: dum non fuit compos mentis

A quick definition of Business Methods Patent Initiative:

Business Methods Patent Initiative: A program created by the U.S. Patent and Trademark Office to make sure that business-method patents are properly reviewed before they are granted. This program adds a second level of review to reduce the number of business-method patents that are issued. After an examiner approves the application, a second examiner must review it and either reject it or approve it before the patent is granted. This program was created because some people complained that too many business-method patents were being approved without proper review.

A more thorough explanation:

The Business Methods Patent Initiative is a program created by the U.S. Patent and Trademark Office to reduce the number of business-method patents that are issued. This program adds a second level of review to business-method-patent applications to ensure that examiners are properly approving them.

Before the initiative, many business-method patents were approved without proper examination, leading to complaints from the public. Now, after an examiner approves an application, a second examiner must review it completely and either reject the application or affirm the issuance of the patent.

One example of a business-method patent that may have been improperly approved before the initiative is a patent for a method of online shopping. This patent may have been too broad and not specific enough to be granted. However, with the Business Methods Patent Initiative, the patent would have gone through a second level of review to ensure that it met all the necessary requirements.

The Business Methods Patent Initiative helps to ensure that only valid and necessary business-method patents are granted, which can prevent companies from unfairly monopolizing certain industries or ideas.

business-method patent | business plan

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lilypadfrog
13:01
i hope u guys would put me down like a dog that bit a baby
Trismegistus
13:02
@texaslawhopefully: i saw 3/4 down alphabet then 30- mins later 1/2 down alphabet
texaslawhopefully
13:02
so they're still calling?
Trismegistus
13:03
that i dont know
KeenHeartbreakingRattlesnake
13:03
the Penn e wave is about to cook me
atwatodbit
13:03
@sadpadresfan: did you get your Cornell scholly with your A at the same time? I think they gave me nothing...
lilypadfrog
13:04
tex also got cornell scholly ask him
texaslawhopefully
13:04
there's a form you fill out
texaslawhopefully
13:04
and they'll get back to you within a few days
13:04
@atwatodbit: they emailed me a day after submitting the form
atwatodbit
13:05
ah ok, i've seen that, just need to get parental info then. just making sure
13:05
Feeling fortunate and its my top choice as of now haha
lilypadfrog
13:06
what if you fill this out and you haven’t been admitted? just a next level move? they probably have to let you in then
PerpetualCheerfulBeaver
13:06
I applied to all my places in late september and am still waiting to hear back. ive missed all three types of waves (WL,R,A) am i screwed??
texaslawhopefully
13:07
Your guess is as good as mine. I'm in the same boat for most schools
Trismegistus
13:07
begging chicago for an A
atwatodbit
13:08
the vast majority of the t14 has not hit 50% of their As, many have not even hit 25%. zero reason for panic
PerpetualCheerfulBeaver
13:08
Thank you texas!
choosingpeace
13:08
missing CLS and Penn waves im so screwed
choosingpeace
13:08
i applied early too i hate everything im crashing out im crashing OUT
PerpetualCheerfulBeaver
13:08
I literally have no experience in this type of stuff, but if i get waitlisted, should i send an email about continued interest?
lilypadfrog
13:09
im so nonchalant
lilypadfrog
13:09
i will probably hear something back eventually
texaslawhopefully
13:10
I wish I could be like you lily
Trismegistus
13:10
im actively losingh my mind man
choosingpeace
13:10
@texaslawhopefully: lmaoo same Im crashing out so bad like it's never been this bad
texaslawhopefully
13:11
I need Chicago on Friday
Trismegistus
13:11
me too
Trismegistus
13:11
sixty coffees is having an insane cycle
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