Patent Reform Obama Signs America Invents Act Legal Ip Alert

WASHINGTON, DC — Today, at Thomas Jefferson High School for Science and Technology in Alexandria, Virginia, President Obama signed the America Invents Act, historic patent reform legislation that will help American entrepreneurs and businesses bring their inventions to market sooner, creating new businesses and new jobs. In addition, the President announced additional steps that will help convert the ideas from America’s universities and research labs into new products, expanding our economy and creating 21st century jobs.

“I am pleased to sign the America Invents Act. This much-needed reform will speed up the patent process so that innovators and entrepreneurs can turn a new invention into a business as quickly as possible,” said President Obama. “I’m also announcing even more steps today that will help bring these inventions to market faster and create jobs. Here in America, our creativity has always set us apart, and in order to continue to grow our economy, we need to encourage that spirit wherever we find it.”

Passed with the President’s consistent leadership and strong bipartisan support, the America Invents Act represents the most significant reform of the Patent Act since 1952. It will give a boost to American companies and inventors who have suffered costly delays and unnecessary litigation, and let them focus instead on innovation and job creation. These reforms were also a key recommendation of the President’s Council on Jobs and Competitiveness, which has been a strong advocate for patent reform as a way to support job creation and strengthen America’s competitiveness in the global economy.

President Obama was joined at the signing by Acting Secretary of Commerce Rebecca Blank, US Patent and Trademark Office Director David Kappos, Ellen Kullman, CEO of DuPont and a Member of the President’s Jobs Council, John Lechleiter, CEO of Eli Lilly, as well as students from Thomas Jefferson High School for Science and Technology, Members of Congress who have been instrumental in passing the bill, and inventors and small business owners who will benefit from this reform.

Key Elements of America Invents Act

The America Invents Act was passed with the President’s strong leadership to move this bill forward, after nearly a decade of legislative efforts. It reflects strong bipartisan cooperation and Congress working together on behalf of American innovation.

Many key industries in which the U.S. leads, such as biotechnology, medical devices, and advanced manufacturing, depend on a strong and healthy intellectual property system. The America Invents Act will help businesses, inventors, and entrepreneurs in five immediate ways:

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Jessica - Fernandes

Dynamic career that bridges the gap between technology and marketing, Jessica Fernandes has been at the forefront of digital innovation. As a visionary marketer, Jessica – Fernandes has developed and managed a comprehensive array of both paid and unpaid marketing campaigns, skillfully navigating the realms of online and offline business. Jessica Fernandes played a pivotal role in the conceptualization and market launch of Camp K12 LIVE, an interactive online platform that revolutionizes the way coding courses are taught, offering live instruction from expert teachers.

With a passion for technology and a proven track record in marketing and strategic development, Jessica continues to be a leading figure in the intersection of education technology and market growth strategies.

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