Obama inks patent reform bill

Obama inks patent reform bill
A patent reform seems to have been long due - patent wars escalated in recent months, but it’s really companies like Lodsys speculatively buying others inventions to profit from them that have underlined the urgency of reform. Two weeks ago, the US Senate finally approved a patent reform bill known as the America Invents Act introducing change into a piece of legislation dating back 50 years ago or so. 

The new bill aims to change the way the system functions at its core switching from the first-to-invent to the first-to-file method used in virtually all developed countries. But the bill had to pass one more hurdle before coming into force - the president’s approval. Barack Obama inked the legislation on September 16th, turning it into law and hopefully this will result in the change that this bill projects.

Going over the main highlights of the America Invents Act again, we’ll see that it includes a change in the way the US Patent and Trademark Office receives its funding as the fees it collects will now go directly to a dedicated USPTO fund instead of getting channeled to the Senate as they were previously. Having the Senate as an intermediary meant that a huge chunk of the USPTO budget got diverted elsewhere.

Secondly, the new bi-partisan bill uses the first-to-file system allowing for a window of nine months after the filing, during which other companies could dispute the patent. This ultimately means more control over patents. But it’s not only third parties that will control the system as the USPTO aims to add more examiners and bring its equipment up to date as well.

Most importantly, though, the America Invenst Act will speed up and streamline the patent applications. It was approved with a huge majority of 89 to 9, but the outspoken opposition including the National Small Business Association was quick to mention that the bill will benefit large corporations and that it doesn’t address the specifics of software patents.



1. Reforms unregistered

Good job.

7. bobfreking55

Posts: 866; Member since: Jul 15, 2011

Then Obama writes: Apple will be shut down FOREVAAAA!!! Then all of apple's money goes to google. WEEEEEEEEEEE.

2. Bluedroid

Posts: 57; Member since: Sep 12, 2011

Dooms day for rotten apple and it's patent law suits...

3. 4i2 unregistered

Baraka Obama? What about President Obama??? smdh

4. remixfa

Posts: 14605; Member since: Dec 19, 2008

not gonna be president much longer.

8. iwebdroidberry7

Posts: 230; Member since: Jan 17, 2011

Lmao and who is going to put him out of office? Rick Perry? Or your soccer mom savior Bachman?

9. remixfa

Posts: 14605; Member since: Dec 19, 2008

maybe u should pay attention to politics. he is losing every poll and is constantly losing to "any republican" when they ask who they would vote for. he is over 50% in unpopularity Now and his own party asks him not to help them run for re-election lest they end up losing another few seats that theyve held for the better part of a century, like they just did in NY and a few years ago in Mass. And bachman is a joke with no future. At best she might beg someone to be VP, but i think that would be a bad idea. Id like Herman Cain to win, but more than likely we will end up with Romney as the nominee, not Perry. Its easy to be front runner before you get torn apart by the media. Romney has already gone through that, perry hasnt.

10. snowgator

Posts: 3621; Member since: Jan 19, 2011

In 2008, the Democrats could have put any nominee up, and the backlash against Bush would give them the win. Deservedly so- Bush did nothing in his last two and a half years. McCain was running against Bush and Obama. Problem is- the Republicans ain't gonna run Bush again. Our President now has improved nothing, and managed to make some things worse. Any Republican nominee will be running AGAINST Him and only him. Obama ran promising everything to everyone and has delivered none of it. Going to be a long year and a half for him.

13. remixfa

Posts: 14605; Member since: Dec 19, 2008

exactly. as soon as the democrats tied mccain to bush, it was all over. they coulda put up a crack addict as the democrat nominee and he would have one. the way obama is going, its going to be the exact same thing in reverse in 2012. Another stimulous?? really? the last 4 trillion in debt wasnt enough?

5. remixfa

Posts: 14605; Member since: Dec 19, 2008

this is a good first step. now address all these crazy vague software patents

6. taz89

Posts: 2014; Member since: May 03, 2011

1 step closer to stopping the patent troll

11. snowgator

Posts: 3621; Member since: Jan 19, 2011

I do not see how this reform will do anything to stop current trends in the tech world, especially the mobile world, of companies suing one another or streamlining the process to get the suits settled. This act, which does seem to be a good bill, is more concerned with improving the actual act of being awarded the patent. How does this stop the Apple- HTC- Samsung- Google legal tug of war???

12. darth8ball

Posts: 520; Member since: Aug 02, 2011

It doesn't sound like it will stop the lawsuits, only make the companies applying for patents get them approved quicker. It does however do something interesting Apple won't be able to 'improve' on others inventions and then get there own patent for the 'altered' invention, first to file not first to invent.

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