The United States last year flipped the patent process, with a move to a “first-to-file” (FTF) system that, with a few exceptions, gives priority to the first applicant to file for protection on an idea. Previously, patent protection had been granted to the first person who invented something, even if someone else beat them to filing.
What does this mean for inventors? Now, more than ever, dragging your feet before you do an initial filing could be disastrous.
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