The main change:
The United States will move to a first-to-file system instead of a first-to-invent system.
Translation – the patent application that’s filed at the earliest date wins.
Unfortunately, this bill makes it even easier for companies with the strongest resources, which are usually larger corporations with major legal departments. This makes it especially difficult for students and first time entrepreneurs to get their ideas off the ground and copyrighted. Sad.
To learn more about this, here are some good links explaining America Invent’s impact on entrepreneurship.
Chris Dixon’s blog – Offers a great summary of the whole bill, plus Chris’ strong anti-patent opinions.
The Actual Bill – from the White House.