Us System Which Awards Patents News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The first to file for a patent instead of the current u.s. system which awards patents to the first to invent. some trade groups say this would force individuals and saul companies to waste time and money filing patents preempt lee before they seek outside funding or technical support or risk divulging their concept to someone else who might develop it and run to the patent office with it. others say it would protect small entities from costly legal challenges and make the whole process more objective and efficient listen to this. if we can reduce dependency, reduce the amount of time necessary to go from a great idea to a patent it will inevitably lead to more job creation and a stronger economy here in the united states. reporter: now similar attempts at patent reform failed in 2005 and following years but it s enjoying renewed interest as part of the obama administration s winning the future agenda, promising more ....

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