Number: RL30451 Title: PATENT LAW REFORM: AN ANALYSIS OF THE AMERICAN INVENTORS PROTECTION ACT OF 1999 AND ITS EFFECT ON SMALL, ENTREPRENEURIAL FIRMS Authors: John R. Thomas, Resources, Science, and Industry Division Abstract: The American Inventors Protection Act of 1999 (P.L. 106-113) resulted in substantial reforms to the U.S. patent system. This study assesses the potential impact of the American Inventors Protection Act upon entrepreneurs and small, entrepreneurial firms. It first explains the significance of such businesses in high technology industries. It then introduces the patent system and describes the role of patents in the process of technological change. The report next provides a detailed review of the major provisions of the American Inventors Protection Act of 1999. Finally, it considers the effect of these reforms upon small high-tech enterprises, identifies issues that may deserve further consideration, and highlights possibilities for future reform. Pages: 26 Date: Updated February 29, 2000