Reality-based patent reform

By Chris Gallagher and Kevin L. Kearns – Even a cursory reading of the FTC report (pdf) indicates that the fundamentals of our current system – like first-to-invent with its accompanying ‘grace period’ (during which an idea is protected while it is refined and shopped for financial support) – is key to expanding our ‘innovation ecosystem.’ Drastically altering the current law would be a serious...