News from last week's USPTO's Business Methods Partnership Meeting:
Only the patents classified in Class 705 are considered business methods patents.
The allowance rate for applications classified in Class 705 is 23% or put another way 77% are rejected or abandoned.
80% of the patents in this class are tied to a computer.
Pendency to First Office Action is 31.7 months - over 2.5 years.
Pendency to Issue/Abandonment is 46.7 months - almost 4 years.
Through July 2010 there are 312 Examiners focused on business methods patents. Through July 2,100 patents have been granted.
In 2009 there were 1,725 patents granted with an Examiner Corps of 328 examiners.
(Patents up...Examiners down...)
They expect the pace for business methods patent filings to increase both as a result of the resolution of the Bilski case by the Supreme Court and an improving economy.