Friday September 16, 2011

The President Signs New Patent Law

The President has signed the first major patent law change since 1952 into law today. The commander-in-chief said "we can't afford to drag our feet any longer." Apparently foot dragging on everything else is still okay. wink

President Barack Obama signed into law Friday a major overhaul of the nation's patent system to ease the way for inventors to bring their products to market. "We can't afford to drag our feet any longer," he said. Passed in a rare display of congressional bipartisanship, the America Invents Act is the first significant change in patent law since 1952. It has been hailed as a milestone that will spur innovation and create jobs.