New ‘Patent Friction Index’ Ranks USPTO Last Among Five Peer Offices

Red Tape Index (RTI), a project of the regulatory intelligence platform Labrynth, published a patent index today placing the United States Patent and Trademark Office (USPTO) below every peer office measured on the price, speed, and openness of the patent system. The Patent Friction Index assigned the United States a composite score of -42.62, a figure that stayed negative under every alternative scoring rule tested. The post New ‘Patent Friction Index’ Ranks USPTO Last Among Five Peer Offices a