{"id":9974,"date":"2011-09-19T15:10:21","date_gmt":"2011-09-19T19:10:21","guid":{"rendered":"https:\/\/flsentinel.com\/?p=9974"},"modified":"2011-09-19T14:04:52","modified_gmt":"2011-09-19T18:04:52","slug":"pres-obama-signs-1st-major-patent-law-change-since-1952","status":"publish","type":"post","link":"https:\/\/flsentinel.com\/?p=9974","title":{"rendered":"Pres. Obama Signs 1st Major Patent Law Change Since 1952"},"content":{"rendered":"<p><strong>ALEXANDRIA, VA<\/strong> &#8212; <strong>President Barack Obama<\/strong> signed into law Friday a major overhaul of the nation&#8217;s patent system to ease the way for inventors to bring their products to market. &#8220;We can&#8217;t afford to drag our feet any longer,&#8221; he said.<\/p>\n<p>Passed in a rare display of congressional bipartisanship, the America Invents Act is the first significant change in patent law since 1952. It has been hailed as a milestone that will spur innovation and create jobs.<\/p>\n<p>The bill is meant to ensure that the patent office, now facing a backlog of 1.2 million pending patents, has the money to expedite the application process. It now takes an average of three years to get a patent approved. More than 700,000 applications have yet to be reviewed.<\/p>\n<p><strong>Pictured: Pres. Barack Obama signs the American Invents Act, Friday, Sept. 16, 2011, at Thomas Jefferson High School for Science and Technology in Alexandria, Va.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ALEXANDRIA, VA &#8212; President Barack Obama signed into law Friday a major overhaul of the nation&#8217;s patent system to ease the way for inventors to bring their products to market. &#8220;We can&#8217;t afford to drag our feet any longer,&#8221; he said. Passed in a rare display of congressional bipartisanship, the America Invents Act is the [&hellip;]<\/p>\n","protected":false},"author":210,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[23],"tags":[],"class_list":["post-9974","post","type-post","status-publish","format-standard","hentry","category-national-news","pmpro-has-access"],"_links":{"self":[{"href":"https:\/\/flsentinel.com\/index.php?rest_route=\/wp\/v2\/posts\/9974","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/flsentinel.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flsentinel.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flsentinel.com\/index.php?rest_route=\/wp\/v2\/users\/210"}],"replies":[{"embeddable":true,"href":"https:\/\/flsentinel.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9974"}],"version-history":[{"count":0,"href":"https:\/\/flsentinel.com\/index.php?rest_route=\/wp\/v2\/posts\/9974\/revisions"}],"wp:attachment":[{"href":"https:\/\/flsentinel.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flsentinel.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flsentinel.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}