Some might say that they are a bit late to the game considering that the Patent Reform bill pending in Congress passed the Senate 95-5 in March and by a similar huge majority passed the House Judiciary Committee in April, but opposition to the America Invents Act is intensifying.
Specifically, the issues of the virtual elimination of the current one year grace period and the change from a first-to-invent to a first-to-file regime are being attacked. Clyde Prestowitz, founder and President of the Economic Strategy Institute argued against the bill last week on his Foreign Policy blog. He argued that the reason that America leads the world in innovation by large margins is because of our inventor-friendly system of granting patents to the first true inventor, instead of whoever wins the race to the PTO.
He noted that the bill is being pushed by large, multi-national corporations who will benefit most from the change in the law. He also argued that foreign inventors will be at an advantage over US inventors under the bill’s provisions. He urges President Obama to pressure Congress to kill the bill or to veto it if it passes.
Several other media outlets have picked up on this position and question whether Congress is trying to kill American innovation through the America Invents Act.