Friday, April 24, 2015

Patent Changes and Impact




A catalyst to the change in the US Patent System includes changes to the AIA or the America Invents Act. Dr. Kasznik highlights one of the main changes, which states that the US moves from First to Invent to a First (inventor) to File system. This alteration, which became effective March 16, 2013, caught the United States up with the rest of the world.

As these changes in legislation have come about, the statistics regarding patent filing and lawsuits have changed quite drastically. There have been over 6,000 Patent lawsuits filed in 2013, which is a sharp increase from 2010 when only 2,714 patent lawsuits were filed. However, patent litigation has recently started to decline as of 2014 with approximately 5000 cases. While patent litigation is decreasing the number of NPE litigation cases has increased greatly since 2010. In 2010 there were only around 632 cases files as opposed to the 3466 cases as of 2013.


Many of these litigation cases were on startups with less than $100 million in revenue and allows for defendants in Patent Troll lawsuits to make under $10 million per year.

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