The Leahy-Smith America Invents Act (AIA) and the Patent Trial and Appeal Board (PTAB) are crucial aspects of the US system of intellectual property protection. The AIA and PTAB reduce the need for patent litigation, reducing costs and generating substantial economic benefits. One type of patent which has been protected involves covered business methods (CBM). CBM patents deal with methods or corresponding apparatus for performing data processing or other operations used in the practice, administration, or management of a financial product or service. (Technological inventions are excluded from CBM.)
In a remarkable odyssey of almost two centuries, a rugged and remote frontier outpost named for one of its many native tribes has been transformed into a major center of high technology and international commerce. From cattle to cotton to oil to electronics, Texas has repeatedly reoriented its business complex to meet evolving needs and circumstances. Even given the Lone Star State's remarkable capacity to adjust, the current period is one of unprecedented challenges (and opportunities).
Forbes Magazine out with its annual ranking of best states in the US to do business in, and Dr. Perryman says Texas came in second.
Texas falls to number two in CNBC's annual ranking of states' overall business climate.
The International Economic Development Council ranks Texas first again in business climate. Here's Dr. Perryman.
The results of CNBC's annual ranking of the states for business finds Texas in an unusual spot. Dr. Perryman says we slipped to number 4 - and there's more.
US News and World Report is out with new state-by-state rankings, and Dr. Perryman says while Texas was first in business climate, there is some less promising news.
Forbes Magazine is out with its annual ranking of the states when it comes to business competitiveness, and Texas moved up from number 6 to number 4.
Dr. Perryman says recent statistics on the nation's sluggish gross domestic product identify the culprits as inventories and business investment.
New York has embarked on a new campaign with the message that the Empire State has a more open society than Texas and might be better suited for business expansion.