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The America Invents Act: A New Patent System for the 21st Century

In: Technological Innovation: Generating Economic Results

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  • Timothy R. Holbrook

Abstract

From its first patent statute, the United States awarded patents to the first person to invent. The rest of the world eventually adopted “first to file” regimes, in which the first person to file a patent application was awarded the patent. In 2013, the United States moved closer to harmonizing with the rest of the world. The America Invents Act created a “first inventor to file” system, representing the most dramatic change in US patent law in over fifty years. This chapter explores the new provisions by offering a basic operation of how they operate. It then discusses the myriad of new administrative procedures at the United States Patent and Trademark Office that were created in the America Invents Act. These procedures have the potential to challenge patents more cheaply than in litigation. The chapter discusses the various requirements and limitations of these provisions.

Suggested Citation

  • Timothy R. Holbrook, 2016. "The America Invents Act: A New Patent System for the 21st Century," Advances in the Study of Entrepreneurship, Innovation and Economic Growth, in: Marie C. Thursby (ed.),Technological Innovation: Generating Economic Results, volume 26, pages 131-162, Emerald Publishing Ltd.
  • Handle: RePEc:eme:aseizz:s1048-473620160000026005
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