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HTIA Hits Back at Recent Claims That Patent Reforms Have Weakened InnovationWASHINGTON, Dec. 14, 2017 /PRNewswire/ -- In an open letter the High Tech Inventors Alliance (HTIA) responded to recent statements on the part some commentators that the patent reforms spurred by the U.S. Congress and the U.S. Supreme Court over the last decade supposedly have harmed American innovation. The facts presented in the Alliance's open letter tell a different story. John Thorne, HTIA General Counsel said, "Congress enacted the America Invents Act (AIA) in late 2011. The AIA's inter partes review (IPR) process, which became effective in 2012, has provided a means for the Patent and Trademarks Office to correct its mistakes, resulting in rising levels of patent uality and a significant boost in innovation. Very clearly, mistakenly issued patents stifle rather than spur new technology creation, a fact this data highlights." Consider:
"This data clearly contradicts the claims made by some that patent reform has harmed innovation. Since the introduction of the IPR review process and the Supreme Courts Alice decision, innovation in the United States is flourishing", Thorne concluded. The full letter can be read HERE. The High Tech Inventors Alliance is comprised of eight technology companies: Adobe, Amazon, Cisco, Dell, Google, Intel, Oracle and Salesforce. These companies have over 447,000 employees in the United States, have invested $62.9 billion in research and development in the past year and hold a total of over 115,000 U.S. patents. View original content with multimedia:http://www.prnewswire.com/news-releases/htia-hits-back-at-recent-claims-that-patent-reforms-have-weakened-innovation-300571262.html SOURCE High Tech Inventors Alliance |