Much has been written about the impact the Leahy-Smith America Invents Act, or AIA, is having on America’s patent system. But changing the patent system has ripple effects beyond the world of patent prosecution. And one AIA effect that might easily be overlooked is the impact of patent reform on the decision to choose patent rather than trade secret protection.
A patent is a property right granted on certain types of inventions by the federal government in exchange for a public disclosure of the invention and the manner of making and using it. The patent holder gets the right to exclude others from practicing the invention for a set time period, after which the invention is fair game for the public to use. If the patent is infringed, the remedies available include an injunction to stop the infringement and money damages.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
