The feature article of the special patent reform edition of the Medical Innovation & Business journal is by venture capitalist Gary Lauder. The author expresses his concern that proposed legislative patent reform could spell the end of venture capital funding for innovative start-ups in America. Lauder focuses on three aspects in particular of the proposed reforms: weakening the filing grace period, expanding post-grand opposition and apportionment of damages. He asserts that the main provisions of proposed reforms are universally adverse to small companies and consequently, to venture capital. Lauder goes on to say that the U.S. has the most innovative economy in the world, yet the patent reform bill threatens to materially harm it to solve "problems" with the patent system that are not really problems at all.

Click to read >> Venture Capital – The Buck Stops Where?

Click to view >> Special Patent Reform Edition of MIB

Congress officially passed the America Invents Act on September 8, 2011. This much anticipated legislation represents sweeping changes made for the first time in over a half-century that will impact the future of intellectual property, university research and independent inventor rights. IP Advocate opposed many of its provisions. However, we are now focused on educating faculty and student researchers on its new policies and procedures so you can protect your intellectual property today. We have devoted a special section that chronicles the Road to Patent Reform that features expert commentary, news and resources to keep our community informed.

Read Patent Reform to learn about the American Invents Act

Read the Special Edition of Medical Innovation & Business
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