Friday, May 22, 2015

Obama's patent reform as a " horror story of abandoning what works in the name of what’s politically trendy?"

See the post by Michelle Malkin on May 22, 2015 at 8:46am
titled How Obama Radically Transformed America’s Patent System


The AIA’s primary agenda? “Harmonizing” our patent laws with the rest of the world to reward paper-pushers who are “first to file” at the patent office, instead of those who are “first to invent.” These and other measures enacted by Obama threaten to drive garage tinkerers and small inventors — the designers, engineers, and builders of American prosperity — out of the marketplace. Longtime venture capitalist Gary Lauder noted that the first-to-file system has suppressed solo and small-business innovation in Europe and Japan. “The U.S. gets 10 times the angel and venture capital of Western Europe — which recently declared an ‘innovation emergency,'” Lauder observed. “So why are we harmonizing with them? They should be harmonizing with us.”


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