The U.S. Patent and Trademark Office is extending by one year its program that expedites review of applications for inventions intended to improve the environment and reduce greenhouse-gas emissions.
South Korean President Lee Myung Bak said the government will form a “green technology” center to study technology related to energy, information technology, environment, and to share that knowledges with other emerging nations.
The U.S. plans to expand a program that reduces by 12 months the processing time for patents on inventions intended to improve the environment.
For Ray Lane, the years after leaving Oracle Corp. with a $1 billion fortune were supposed to cement his reputation as a shrewd Silicon Valley executive.
Siemens AG , Europe’s largest engineering company, aims to grow its sales from so-called green products designed to save energy to 40 billion euros ($55 billion) by 2014.
Indian Prime Minister Narendra Modi, once barred from the U.S., now faces the task of easing trade spats with America ranging from protectionism to patent rights.
Kleiner Perkins Caufield & Byers , a venture capital firm that shunned social-media startups in favor of green technology, is spending hundreds of millions of dollars to make up for lost time.
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