As Congress appears to be rushing towards a massive “patent reform” bill, inventors, entrepreneurs and defenders of Intellectual Property are becoming increasingly concerned about the direction of the debate.
Congressman Goodlatte’s Innovation Act (H.R. 9) is too broadly written and will penalize numerous inventors and companies who develop and commercialize patented innovation. Further, it is based on flawed and unreliable data about “patent trolls.” Rather than rushing to pass this legislation, we should slow down and ask more questions. Only by asking questions will we understand the potential downfalls, unintended consequences, and effects on all stakeholders of the innovation economy.
