Friday, September 10, 2010

"We must unleash…innovation…and nurture the ideas the spring from our entrepreneurs.”

The text -- We must unleash…innovation…and nurture the ideas the spring from our entrepreneurs.” -- comes to us from President Obama via a post titled Who will champion entrepreneurship in Washington?

Within the post, patent reform is mentioned:

Other important policy ideas have been put forward by the National Venture Capital Association (NVCA) and others – such as patent reform, increased investment in broadband, increased investment in NIH funding, reforming the FDA approval process.

Inspecting the most recent patent reform letter on the NVCA site, that of 28 May 2010, one finds a backing of the manager's amendment to S.515, including the issues about damages and post-grant review.

If one is really concerned about the impact of patent reform on small business, backing the post-grant review provision is about the LAST thing one would promote. That is a provision for the bigger companies to inflict problems on smaller companies. Separately, it is generally the bigger companies that have been clamoring for reform of damages.

As to patent reforms implemented under the Obama administration, one need look no further than the underutilized green technology program. See
Reality check needed at the USPTO?
[An email on Sept. 9 to Susan Decker about the article Patent Chief Kappos `On the Hunt' to Reduce U.S. Backlog, Spur Innovation remains unanswered.]


NVCA letters

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