By Andrea Hayley – America’s 200-year-old patent system is about to be reformed, and the changes will cut out the very heart of innovation in this country, warn many independent inventors, small business owners, and manufacturers, angel investors and venture capitalists.
“We are playing Russian roulette with the basis of the American economy, which is innovation,” said Kevin Kearns, president of the U.S. Business and Industry Council (USBIC).
Critics say the reforms will devastate opportunities for the disruptive innovators of the future—the start-ups and independents who could invent the next iPhone challenger, for example. It will also promote the domination of patents, and patent license ownership, by larger companies, while small business operations decline. more> http://is.gd/VKmMR1
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- Inventing a bad way to reform patent law ↓
- Is U.S. innovation experiencing death by patent? Emi Kolawole, Washington Post
- Patents: Getting More Than You Paid For, Brian Kahin, TheHuffingtonPost.com