Implementation of the America Invents Act--the most significant overhaul to U.S. patent law in more than a century--beyond our borders is an essential response to an evolving intellectual property terrain impacting our global economy. It is a terrain being shaped by cross-disciplinary technologiesâ€”from computers to mobile phones to life-saving drugsâ€”that are a growing part of everyday life. And that terrain continues to be shaped by our key trading partners around the world, including China.
These efforts are important in keeping the momentum toward meeting President Obamaâ€™s National Export Initiative (NEI) goal of doubling U.S. exports by the end of 2014, which will support millions of good-paying U.S. jobs. Under Secretary of Commerce for Intellectual Property and Director of the USPTO David Kappos recently met with Chinaâ€™s leading IP stakeholders, providing an overview of the significant changes to the U.S. patent system resulting from the agencyâ€™s ongoing implementation of the 2011 America Invents Act. He outlined the progress the USPTO is making in its implementation; the need for further harmonization of the worldâ€™s patent laws; and the benefits of a worksharing process that enables patent applicants to simultaneously pursue patent protection in multiple countries, known as the Patent Prosecution Highway, or PPH 2.0.
With an increasing emphasis on innovation in the U.S. and China, Kappos noted the importance of harmonizing our patent processes and advancing our worksharing initiativesâ€”not just to ensure the smooth and efficient operation of our respective IP systems, but also to cultivate and commercialize new technologies blooming in the labs of both countries.