Washington - The U.S. Department of Commerce's United States Patent and Trademark Office (USPTO) and the AutoHarvest Foundation today announced the signing of a Memorandum of Understanding (MOU) to work together to spur innovation and generate jobs in advanced manufacturing. The two organizations will collaborate on the creation of an online environment for innovators to exchange information, facilitate technical discussions, and encourage the growth of entrepreneurial activities. The USPTO opened its first-ever satellite office in Detroit in July 2012, and the MOU is part of the agency's outreach into the community.
Through the MOU, entrepreneurs and corporate executives will have direct access to a centralized online collection of databases, information resources, software and analytical tools designed to help inventors better understand the process of obtaining, maintaining and commercializing their intellectual property (IP). Through a series of actionable interfaces, innovators will also have the ability to view, directly respond to and potentially enter into business transactions to commercialize their IP or provide their technologies to emerging companies seeking advanced manufacturing solutions.
"This partnership will help advanced manufacturing businesses and individual inventors in Detroit and the surrounding region obtain patent protection and commercialize their inventions," said Acting Under Secretary of Commerce for Intellectual Property and Acting Director of the USPTO, Teresa Stanek Rea.
The MOU marks yet another step the USPTO has taken to help grow businesses by establishing partnerships with regional economic development commissions and general public-private partnerships in order to offer a tailored suite of IP support services to local start-ups, incubators, and job accelerators.
"The importance of the Midwest as a global engineering center is reinforced by this alliance," said AutoHarvest president and CEO, Jayson Pankin. "AutoHarvest members will benefit from information and databases sourced and potentially co-developed with the United States Patent and Trademark Office that will help inventors better understand the process of obtaining, maintaining and commercializing intellectual property, leading to real economic impact."
AutoHarvest Foundation is a 501 (c) 3 non-profit organization led by some of the most highly respected figures in the automotive industry. AutoHarvest is designing and planning to launch a marketplace-driven e-collaboration system that accelerates innovation in advanced manufacturing. For more information on AutoHarvest visit www.autoharvest.org.
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