Posts Tagged: "Inventor Rights Act"

The Electronic Frontier Foundation Still Believes in Fairy Tales

Joe Mullin, a policy analyst at the the Electronic Frontier Foundation (EFF), recently penned a misleading article about the Inventor Rights Act  (H.R. 5478). He says it will promote and protect patent trolls. To unravel what he really means, it is first necessary to understand early stage investment, and from there, to define what a “patent troll” truly is. Through organizations like EFF and their companion organization, Engine, Big Tech often writes scary stories about how patent trolls hide under bridges for no other reason than to utterly destroy innovation. Very scary stuff. Scary because this fantasy has misled the courts, Congress, and multiple administrations, convincing them to change the law in ways that destroyed America’s startup engine. Scary because early stage investment is fleeing to China at the expense of American startups. Scary because it has created perpetual Big Tech monopolies with no allegiance to the United States that are immune to American competition and taxes. These forces now control what we read and say, how we vote, and even what we believe to be true.

A Look at the Inventor Rights Act: Restoring Injunctive Relief and Immunizing Inventors Against the PTAB

In mid-December 2019, Congressmen Danny Davis (D-IL) and Paul Gosar (R-AZ) introduced the Inventor Rights Act of 2019 into the House of Representatives. If passed, the bill would do much to reestablish strong patent protection rights for inventors who own their own patents, giving them an opportunity to opt out of validity trials at the Patent Trial and Appeal Board (PTAB) while also undoing many of the harmful effects of U.S. Supreme Court decisions such as TC Heartland and eBay. While the Inventor Rights Act is directed at a subset of patent owners feeling the brunt of changes to the patent system wrought by Congress and the federal judiciary over more than a decade, the bill does go a long way in correcting the situation for those individual inventors who are likely to have the fewest resources to enforce their patent rights.

House Small Business Committee Tackles Diversity Gap in Patenting Debate

The House Small Business Committee met earlier today for a hearing titled “Enhancing Patent Diversity for America’s Innovators,” in which members of Congress heard from witnesses on ways to improve the sizeable patenting gap that exists for women, minorities and low-income individuals. As of 2016, less than 20% of U.S. patents listed one or more women as inventors, while under 8% listed a woman as the primary inventor; only six patents per million people were attributed to African American inventors; and children born to high income families are ten times more likely to obtain a patent than children from below median income families, said Committee Chairwoman, Representative Nydia Velázquez (D-NY).