Senate passes patent office reforms –from

BOSTON (TheStreet) — The most comprehensive overhaul of U.S. patent law since the 1950s was approved by the U.S. Senate last week.

The America Invents Act, approved by a 95-5 vote, is intended to minimize the 700,000-application backlog faced by the U.S. Patent and Trademark Office, deter the diversion of its revenue to other government agencies and establish a system that grants patents to the first person to file an application, rather than having to determine who was first to produce a product.

From DSC:
I’m hopeful that this will encourage innovations within the world of educational technologies and better support educational entrepreneurship.