American Innovators Lose Big in Newly Passed Patent Bill

The first rule of governing should apply here: If it aint broke don’t "fix" it.

American innovation lost big again as the U.S. Senate passed "patent reform" and caved to big business lobbyists at the expense of true innovators in small companies and universities. Bottom line: America has dominated innovation in the world for 100 years based on our patent system and protection of risk-takers. Innovation is the one thing we still dominate in the world economy. It is our job engine.

Robert Nelsen

Full Story: http://www.xconomy.com/national/2011/09/09/patent-bill-continues-the-assault-on-american-innovators/