New law changes system for awarding patents

USA TODAY: ….“When Thomas Edison filed his patent for the phonograph, his application was approved in just seven weeks,” [President] Obama said. “And these days, that process is taking an average of three years. Over the last decade, patent applications have nearly tripled.”

Under the America Invents Act, the U.S. will award patents to inventors on a first-to-file basis instead of the first-to-invent basis, which some say is more prone to litigation.

The change will bring the country more in line with how other countries handle patents…   (more)

Share