Budget Restrictions at the Patent Office Create a Tax on Innovation and Present a Serious Set-Back for American Innovation and Global Competitiveness!

The Patent Prospector blog posted an in-depth opinion piece on the America Invents Act (America Invents But Congress Perverts, April 20, 2011).

The article discusses in detail the many ways that the America Invents Act would do more damage to an economy that is already struggling to recover.

Excerpt:

In "Watson, the PTO Needs You" (GenEngNews.com, April 1, 2011), IP expert Gerry Elman discusses the advances being made in artificial intelligence - mentioning, specifically, the IBM computer named Watson that recently beat human Jeopardy! champions at that quiz game - and speculates about whether this sort of automation might be the key to solving the U.S. Patent Office's patent application backlog.

America Invents Act Will Increase Patent Application Backlog and Will Not Encourage Innovation or Job Creation!

AIPR President and Founder Alexander Poltorak's recent Washington Post Q&A was quoted in a news roundup on TheHill.com ("News Bites," March 28, 2011):

Alexander Poltorak, the Founder and President of American Innovators for Patent Reform, answered questions about the effect the Senate's recently-passed patent reform bill will have on inventors if it becomes law ("Q&A: Small inventors raise patent overhaul concerns", Washington Post, March 28, 2011).

American Innovators for Patent Reform Opposes America Invents Act

New York, N.Y. – March 22, 2011 – The Patent Reform Act of 2011 (S. 23) – renamed the “America Invents Act” – was passed by the Senate with little opposition. Unfortunately, this bill does not address the needs of the innovation community: inventors, small businesses and universities. American Innovators for Patent Reform (AIPR), a trade association dedicated to promoting innovation by strengthening the U.S. patent system, is opposed to the America Invents Act.

March 9, 2011 - Following the Senate's vote in favor of the Patent Reform Act of 2011, the San Francisco Chronicle interviewed Alexander Poltorak, Chairman and CEO of General Patent Corporation as well as Founder and Chairman of American Innovators for Patent Reform (AIPR).

In the following excerpt from "Silicon Valley: Patent reform passed by Senate", Dr. Poltorak explains the silver lining in the bill's passage:

AIPR's Alexander Poltorak was quoted in "Senate Takes Up Patent Reform" (National Journal, February 28, 2011).

Dr. Poltorak commented on the proposal to change the U.S. patent system from first-to-invent to first-to-file - a major change designed to bring the U.S. patent regime in line with foreign patent systems:

Pat Choate - economist, author and member of AIPR's Board of Directors - penned "The Back Room Politics of Patent Reform" (Huffington Post, February 28, 2011), an article about the Patent Reform Act currently before the Senate and why it should never be voted into law.