Kappos Trying to Sell Patent Reform to Independent Inventors
Director Kappos is making his case for patent reform by making 4 key points. First, patent reform would lower patent office fees for independent inventors and presumably small businesses by establishing a new class — micro entities. Second, the fee setting authority in the patent reform legislation will allow for the USPTO to generate more revenue, thereby improving IT systems and hiring more patent examiners, while not costing micro entities more in the way of fees. Third, post grant review of patents will be condensed into a 12 month period and the threshold for initiating review will be raised, which should result in at settling effect not unlike the quieting of title in the real property scenario. Finally, the US will not become a pure first to file system, but rather into a first inventor to file system, which will have little or no effect on independent inventors and small businesses.