BUSINESS

Can The U.S. Patent Office Be Fixed?

02/21/2011 12:21 pm ET | Updated May 25, 2011

WASHINGTON -- President Obama, who emphasizes American innovation, says modernizing the federal Patent and Trademark Office is crucial to "winning the future." So at a time when a quarter of patent applications come from California, and many of those from Silicon Valley, the patent office is opening its first satellite office -- in Detroit.

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