Aging of Licensing Actions
Chart illustrating the aging of licensing actions between 1997 and 2002.
The percent of licensing actions less than 1 year old: 1997 - 64.5%; 1998 - 65.7%; 1999 - 86.2%; 2000 - 98.2%; 2001 - 96.9%; 2002 - 97%.
The percent of licensing actions less than 2 years old: 1997 - 90.5%; 1998 - 86.7%; 1999 - 100%; 2000 - 100%; 2001 - 99.9%; 2002 - 100%.
Note: The licensing program's timelines in responding to license requests has improved since 1997. In 1997, 65 percent of licensee actions were handled within one year or less. At the end of FY 2002, 97 percent of licensing actions in the working inventory were less than one year old.