In April, the House Subcommittee on Courts, the Internet, and Intellectual Property released draft patent reform legislation known as the “Patent Reform Act of 2005, HR2795.” This legislation proposes significant changes to the U.S.
Are Major Changes in Store for the U.S. Patent System? A Summary of the Pending Patent Legislation
In April, the House Subcommittee on Courts, the Internet, and Intellectual Property released draft patent reform legislation known as the "Patent Reform Act of 2005, HR2795." This legislation proposes significant changes to the U.S. patent system that, if adopted, would in many respects transform the U.S. system and make it more akin to foreign patent systems. Calls for patent reform have been bandied about for a number of years, but recent criticisms of the U.S. Patent Office and the perception that it issues too many questionable patents appear to be driving the latest proposed reforms. It is worth noting, however, that a number of commentators have suggested it is not the present statutory scheme but instead the lack of adequate funding that is the main culprit behind the increase in the issuance of poor quality patents.
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