ALEXANDRIA, Va. (AP) — President Barack Obama has signed into law an overhaul of the nation's patent system. It's the first significant change in the way inventors can bring their products to market in more than two generations.
The America Invents Act, passed in a rare display of congressional bipartisanship, was hailed as a milestone that would spur innovation and create jobs. The last substantial change in patent law occurred in 1952.
The president signed the bill Friday after touring Thomas Jefferson High School for Science and Technology in Alexandria, Va.
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