Tuesday, March 4, 2014

Patent Reform (Patently-O)

Another article by Dennis Crouch - displaying a graphic on action steps to combat Patent Trolls.

The graphic is derived on the topic of the Obama Administration's goals to promote innovation, research, and developing from inventors rather than being tied up in litigation.

Actions that the administration has conducted thus far includes:

  1. Launching a website that allows patent troll victims easier access to getting their questions answered and learning to respond to demand letters.
  2. Creating more transparency to enable faster identification of abusive litigation.
  3. Holding a higher standard for higher quality patent in order to prevent overly broad claims.
  4. Conducting research among different stakeholders to understand the root causes of patent trolls.

Future actions that the administration hopes to implement are:

  1. Utilizing crowdsourcing so that inventors know if their creation is a novel product earlier on in the process.
  2. Increasing training for patent examiners, especially with the exponentially advancing technological field.
  3. Investing in pro-bono legal help for small businesses and inventors who lack legal resources.

Ultimately, the plan of action are targeted across the board in order to ensure success. Yet, there has been no reports on the actual impact of these plans so far. It is important for the government to try to quantify the actual results these plans are delivering in order to understand where the focus should continue to be.

Original Article on Patently-O

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