Is Your Idea Patentable? Are Patents a Waste of Money and Time? | Business Brainpower with the Human Touch | Scoop.it
Many business builders who are seeking protection from competitors via the U.S. Patent Office have found the experience frustrating and disappointing.


To improve the situation, Congress recently passed a law that will significantly modify the patent process. In part, the law will switch the U.S. from a first-to-invent system to a first-to-file system in effort to expedite the process as well as to align the U.S. Patent System with the patent regulations of foreign countries.


I asked Scott Marty, an experienced patent attorney at Ballard Spahr in Atlanta, what this change means for inventors. “Alan,” he said, “In reality, the Leahy-Smith America Invents Act (AIA), while billed as an extreme reformulation of the U.S. patent process, will likely not revolutionize many of the important decisions inventors and investors have to make.”