Last Friday, President Obama signed into law the Leahy-Smith America Invents Act, which passed the Senate last week by a large bipartisan majority, 89-9. Normally, when both political parties agree on anything, it’s time to celebrate. I wish that were the case here. To the contrary, this law will undermine one of the things that has made America unique and our economy strong: technology entrepreneurship.
There are two main problems in this new law for statups:
The change from first-to-invent (FTI) to first-to-file (FTF) The introduction of yet another (third) form of post-grant review.
To read the full, original article click on this link: New Patent Law Means Trouble For Tech Entrepreneurs - Forbes
Author:Eric Savitz
