Patents: Understanding the America Invents Act

The need to re-vamp the countries almost ancient patent system was great. Thankfully, the Obama administration answered the call. The President signed sweeping reform to change the system for determining priority for inventions at the U.S. Patent and Trademark Office. Formally known as the America Invents Act, the law also aims to shore up more financing for an agency that’s suffered through years-long applications backlogs and out-of-date computer systems. Continue reading