In a February cover letter to the budget outline for 2003, he suggested his agency is so backlogged that unless fundamental changes are made, inventors soon may have to wait more than three years to be issued a patent.
Play-doh, which was originally designed for cleaning wallpaper, made inventor Joseph McVicker a millionaire by his 27th birthday.
Eventually, some company is going to find the right solution to block them all and make its inventor rich.
So, they make an inventor wealthy, but they're evil because they're then going after others who are using their technology?" Naturally, there's another side to all of this.
"Ray Dolby made the inventors the heroes of the company," Kevin Yeaman, the chief executive of Dolby Laboratories, said in a telephone interview on Friday.
Tamara Monosoff, author of "The Mom Inventors Handbook: How to Turn Your Great Idea Into the Next Big Thing" (McGraw Hill 2005), cites inflated expectations as the No. 1 mistake made by inventors and entrepreneurs.
This has saved $3 billion a year in surgery costs in America alone, and made the inventors rich particularly Glaxo Wellcome, which hijacked most of the market with Zantac, selling well over $30 billion-worth since its invention.At present, according to Barrie James, only about 12% of the world's health-care budget is spent on drugs.
We found similar patterns in the two countries, although citation is provided by patent examiners in Japan, while in the US a large share of citations is made by inventors.
Other inventors make no bones about their job-replacing intentions.
