President Obama has signed a new patent bill (“The Leahy-Smith America Invents Act”) into law, but analysts are questioning whether it wil really create more jobs, or invite turf-protection keeping out other innovation, as we’ve noted here before with patent abuse.
CNN Money has a story on it here. The story gives the chronicle of i4i and Microsoft.
The White House has a press release on the bill, signed at a local high school, here.
The White House claims that the law will reduce litigation.
The bill was HR 1249 and became Public Law 112-29. The govtrack reference is here. Sponsored in the Senate by Patrick Leahy and by Lamar Smith (R) in the House.
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