strata-startups

The Innovation Act wins startups a battle but loses them the war

There are definitely bad actors in the patent space that are abusing the system, and there are provisions in the Innovation Act that will help deter them. However, the larger issue is how the Innovation Act as a whole will destroy the startup ecosystem.

Troll face image via iunewind/Shutterstock

The biggest threat to patent reform: The Apple/IBM/Microsoft coalition

There’s a new coalition in D.C., and big players like Apple, DuPont, Ford, GE, IBM, Microsoft, and Pfizer have all signed up. Unfortunately, launched on the day the Senate was supposed to take up the latest effort to reform the patent system, the coalition’s sole purpose appears to be an effort to derail the important strides we’ve made toward fixing the patent troll problem via the proposed Innovation Act legislation.

Inventor tied up

Inventors need a voice in patent reform

Congress passed the Innovation Act in just 43 days, and, shockingly, not a single inventor was asked to testify.