MASSDEVICE ON CALL — President Barack Obama signed the America Invents Act into law on Friday, shifting the U.S. patent reward system from one based on who first invented a product or concept to a system rewarding whoever first filed for the patent.
The law represents the biggest change to the U.S. patent reform system in decades, and has draw both adulation and ire as innovators argue that the law favors those with deep pockets over small companies or individuals.