Last week, President Obama signed the America Invents Act, giving the
U.S. patent system its first major overhaul in 60 years. The first to
file system will accomplish many things for inventors. It not only
brings the U.S. in alignment with international patent practices, but
also aims to reduce questions around inventorship and so reduce
resultant invalidation claims from “who invented it first”.
We
expect the number of patent filings will increase dramatically since
inventors will be motivated to file early and often to secure the patent
and profit from their innovation. But this increase will inherently
cause a challenge in the speed to get a patent to market faster. This
means that competitive advantage will be found in quickly understanding
the intellectual property landscape, speeding the processes associated
with due diligence on prior art, and streamlining the collection of
information needed to initiate the filing process.
This is
where Innography customers will always come out ahead. With our advanced
capabilities to find the most relevant and accurate information from
comprehensive data sources, our customers will ensure they have the best
information, as quickly as possible. Using our unique analysis and
visualizations to uncover insightful relationships amongst that
information, our customers will also maximize their ability to profit
from the America Invents Act.
We at Innography are excited
about this change in patent law, and look forward to helping our
customers navigate the changing patent world. Happy innovating!
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