Obama calls for patent reform in State of the Union speech
Managing IP is part of Legal Benchmarking Limited, 4 Bouverie Street, London, EC4Y 8AX
Copyright © Legal Benchmarking Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Obama calls for patent reform in State of the Union speech

US President Barack Obama called for Congress to pass a patent reform bill during his State of the Union address

barack20obama.jpg

"Let’s pass a patent reform bill that allows our businesses to stay focused on innovation, not costly, needless litigation,” said Obama.

The House of Representatives in December passed the Innovation Act, introduced by Bob Goodlatte, by a vote of 325-91.

The Senate is considering its own legislation to tackle so-called patent trolls.

Goodlatte responded to Obama’s speech by saying he was encouraged by the president’s continued willingness to work with Congress to stop abusive patent litigation.

Businesses both large and small are affected by this growing problem and the enactment of the Innovation Act is central to US competiveness, job creation, and our nation’s future economic security. I look forward to working with President Obama and the Senate to see that patent litigation reform legislation is signed into law,” Goodlatte said.

more from across site and ros bottom lb

More from across our site

Partners and other senior leaders must step up if they want diverse talent at their firms to thrive
European and US counsel reveal why they are (or aren't) concerned about patent quality and explain how external counsel can help
Firms such as Bird & Bird and Taylor Wessing have reported rising profits and highlighted the role of high-profile IP disputes and hires
We provide a rundown of Managing IP’s news and analysis from the week, and review what’s been happening elsewhere in IP
Lawyers in the corporate and IP practices discuss where the firm can steal a march on competitors, its growth plans in London, and why deal lawyers are ‘concertmasters’
Kathleen Gaynor, DEI specialist at Phillips Ormonde Fitzpatrick, says deliberate actions can help law firms reach diversity goals
Scott McKeown, who moved to Wolf Greenfield one year ago, says the change has helped him tap into life sciences work and advise more patent owners
The winners of our Asia-Pacific Awards 2024 will be revealed during a ceremony in Malaysia on September 26
Zach Piccolomini of Wolf Greenfield explains how to maximise your IP portfolio’s value while keeping an eye on competitors
Witnesses at a Congressional hearing debated whether reforming the ITC is necessary and considered what any changes should look like
Gift this article