Sunday, September 18, 2011

President Obama signs "America Invents Act"

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. 

No comments: