Navigation Links
Up to the Challenge: Careers in Science in the Midst of Drastic Change, According to Wysebridge Patent Bar Review

Philadelphia, PA (PRWEB) February 13, 2013

Wysebridge Patent Bar Review, a company that helps individuals with science and technology backgrounds, says the shifting global markets and impact on the USA patent and intellectual landscape is but one sign of changes in these sectors of the workplace. In general, USA has seen a stagnation in science and technology. One such indication of this is the issuance of patents: Once the leader in filing patents, Americans were awarded less patents last year (2012) by the United States Patent and Trademark Office (USPTO) than their foreign counterparts (non americans). This is the first record of such a shift. On top of this, other countries such as China and South Korea now outrank americans in numbers of graduate students in science and technology at USA universities, which is but a bi-product of an all but flat-lined trend of science and math scores in primary schools over the past 2 decades in the US.

Thus, the future of science in the U.S. is uncertain. While still boasting some of the best schools, hospitals, and research firms, there are a number of other factors that are pose immediate threats to further advancement. One of those factors, and perhaps the biggest, is money. In 2013, the White House increased the U.S. budget for research by 1.4%. Any increase is an increase right? But this apparent "increase" is already below the rate of inflation (currently around 2.5%). But perhaps more immediate is the repercussions from and of the Fiscal Cliff. Reverberations surrounding proposed budget cuts are still manifesting, as the instability is forcing companies, schools, lenders, to hold a little more tightly to their money. Perhaps more telling (and more staggering) is the almost fatal shrinking in the National Institutes of Health (NIH) budget. In just 10 years, one single decade, the NIH will have shrunk, in terms of it's public funding, by 41%.

Alan Leshner, the director of the American Association for the Advancement of Science (AAAS), had this to say about the shrinking field of science and research in the US. "This will have a devastating effect on American science." A report by the Information Technology & Innovation Foundation (ITIF) this past September indicated that such decreases in funding could result in the American GDP being at least $203 billion smaller, with an 8% decrease in scientific publications, and a 3% decrease in patents, all by 2021.

However, one vocational aspect of science and technology that is often overlooked, and so far seems to be weathering the troubles, is the intellectual property market, and specifically patents and patent litigation. Patents guarantee innovators “the right to exclude others from making, using, offering for sale, or selling” their invention in the USA. In 2010 alone, the United States Patent and Trademark Office received 520,277 applications and granted 244,341 patents. While sure, the numbers of patents granted to americans is less than foreigners, the simple fact remains: Someone has to prepare, file, and represent those patents, and despite a continued steady growth in patent agent and attorney salaries over the previous 2 decades, few science and engineering students 1) know of this option to become a patent agent or 2) attend law school, allowing them to potentially become a patent attorney/lawyer. Which is interesting, because patent law is a vocational direction that is often overlooked by the brightest and highly qualified candidates: Scientists, engineers, and those with backgrounds in technology.

Take a quick look at some of the major headlines, and it quickly becomes apparent that patents are now more important than ever in both the American, and global, economy. Ever heard of Google? They purchased Motorola Mobility for over $12 billion dollars, mostly because through this purchase Google obtained a portfolio of more than 17,000 patents. 17,000 patents. Lots of money was exchanged for "the right to exclude others from making, using, offering for sale, or selling” that invention.

If this isn't enough to convince of the growing market in intellectual property and patents, Google itself has launched a "Google Patents" search, which allows users to search through and read the patents submitted to either the United States or European patent offices. This is similar to another nifty resource (Prior Art Finder), which allows users to find documents related to specific patent applications or awards.

So, in summary, in the midst of uncertainty, especially within the science and research realms, a career in patent law is a unique, profitable, and often overlooked niche for individuals who already possess a good understanding of science, and have a desire to both advance their career and help others through the process, by translating their knowledge into practice and action.

You can follow Wysebridge Patent Bar Review using a variety of social media sites, including Twitter, Facebook, and LinkedIn Stay updated on the latest tips, study suggestions, exam changes, and intellectual property updates.

About Wysebridge Patent Bar Review
Wysebridge Patent Bar Review is an information and educational company formed in 2012 dedicated to assisting individuals study for and pass the patent bar exam.

Read the full story at

Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related biology technology :

1. Bunker Hill Community College Holds Biomedical Careers Graduation Ceremony
2. Van Andel Institute Partners with UNCF to Recruit Students to Biomedical Research Careers
3. Charm Sciences EZ System Accepted for Antibiotic Testing of Raw Milk in the US NCIMS Residue Screening Program
4. Latest Environmental Research Featured at
5. Nano3D Biosciences Releases 96-well BioAssembler for 3D Cell Culture
6. Industry Executives to Explore the Future of Life Sciences Research Powered By Big Data Analytics
7. New Product Launch: Are your Strategies for Emerging Healthcare and Life Sciences Markets Innovative and Structured?
8. Seeing is Believing for Growers at Bayer CropScience Respect the Rotation Events
9. Taylor-Wharton CryoScience 'Partners For Life' Awards Liquid Nitrogen Freezer to Comprehensive Cancer Center at University of Alabama at Birmingham
10. Amarantus BioScience to Present at the 15th Annual BIO CEO & Investor Conference
11. Neurocrine Biosciences Reports Fourth Quarter And Year End 2012 Results
Post Your Comments:
(Date:11/24/2015)... (PRWEB) , ... November 24, 2015 , ... ... event of the year and one of the premier annual events for pharmaceutical ... ran from 8–11 November 2015, where ISPE hosted the largest number of attendees ...
(Date:11/24/2015)... , Nov. 24, 2015  Clintrax Global, Inc., a worldwide ... Carolina , today announced that the company has set a ... a 391% quarter on quarter growth posted for Q3 of 2014 ... and Mexico , with the establishment of ... December 2015. --> United Kingdom and ...
(Date:11/24/2015)... ... ... This fall, global software solutions leader SAP and AdVenture Capital brought together dozens ... BIG ideas to improve health and wellness in their schools. , Now, the top ... of SAP's Teen Innovator, an all-expenses paid trip to Super Bowl 50, and an ...
(Date:11/24/2015)... LEXINGTON, Massachusetts , November 24, 2015 ... Officer, will participate in the Piper Jaffray 27 th Annual ... on Tuesday, December 1, 2015, at 8:30 a.m. EST (1:30 p.m. ... Poulton , Chief Financial Officer, will participate in the Piper Jaffray ... City , NY on Tuesday, December 1, 2015, at 8:30 ...
Breaking Biology Technology:
(Date:10/27/2015)... -- Munich, Germany , October ... automatically maps data from mobile eye tracking videos created ... that they can be quantitatively analyzed with SMI,s analysis ... , October 28-29, 2015. SMI,s Automated Semantic Gaze ... tracking videos created with SMI,s Eye Tracking Glasses ...
(Date:10/26/2015)... 2015  Delta ID Inc., a company focused on ... PC devices, announced its ActiveIRIS® technology powers the iris ... launched by NTT DOCOMO, INC in Japan ... smartphone to include iris recognition technology, after a very ... in May 2015, world,s first smartphone to have this ...
(Date:10/22/2015)...  Synaptics (NASDAQ: SYNA ), a leading developer of human ... September 30, 2015. --> --> ... 66 percent over the comparable quarter last year to $470.0 million. ... million, or $0.62 per diluted share. --> ... of fiscal 2016 grew 39 percent over the prior year period ...
Breaking Biology News(10 mins):