Should the US patent process be revised as suggested in S 1145 and HR1908?
Here is an interesting analysis article (short and sweet as we say) on "Should the US patent process be revised as suggested in S 1145 and HR 1908?". Read along ..
I think this move is a right one since it will help harmonizing with the method followed by European Union, where they follow first-to-file system. This will lead to reduced litigation/administration costs and makes things simpler when IPR regulations are unified globally. One major initiative to be taken will be to establish monitoring mechanisms to track the inception/progress of inventions to mitigate conflicts that arise from the race to file first.
Here is an interesting analysis article (short and sweet as we say) on "Should the US patent process be revised as suggested in S 1145 and HR 1908?". Read along ..
I think this move is a right one since it will help harmonizing with the method followed by European Union, where they follow first-to-file system. This will lead to reduced litigation/administration costs and makes things simpler when IPR regulations are unified globally. One major initiative to be taken will be to establish monitoring mechanisms to track the inception/progress of inventions to mitigate conflicts that arise from the race to file first.