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Expedited Patent Process Will Be Valuable During Product Commercialization
Will the government's overhaul of the patent system have any bearing on the commercialization of products coming out of the accelerator?
 

Michael Alt, Director, Eastman Business Park
I don't believe so. Typically it is the product that has the patent. Usually the companies that come to the accelerator have already applied or received their patent(s). It is rare to patent a process to make a product so it is not likely that the commercialized process will be patented. However, it is possible that during the commercialization path, a company might need to redesign its product to make it manufacturable. If they reapply for a patent, then an expedited process would be valuable. Being able to rapidly design and redesign your product will be an edge in the new patent system, since it is my understanding that patents will be granted based on date of application vs. date of invention.
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About the Author

Michael Alt, Director, Eastman Business Park
Mike Alt was named Director, Eastman Business Park (EBP) in May 2010. In this role, he is responsible for continuing the development of EBP into a world-class multi-use industrial campus. He will be working closely with New York State and local governments, as well as economic development authorities to attract new tenants and technologies to this site, with particular emphasis on renewable energy and clean technology segments. During the past 20 years, Alt has led several manufacturing organizations within Kodak. Prior to this assignment, he was plant manager of the company’s Synthetic Chemicals and Solvent Recovery Operation. And before this, he was plant manager of Kodak’s Photochemicals Division. Mike Alt obtained his BSc in Chemical Engineering from Clarkson University, and an MS in Electrical Engineering from RIT. He is a founding member of the Innovation and Materials Science Institute, and Co-Chair of its Operations Committee.

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