Innovation Act

The Innovation Act is a U.S. law aimed at enhancing innovation by addressing issues related to patents. It seeks to curb abusive patent litigation, which can stifle creativity and economic growth. The act introduces measures to require greater transparency in patent ownership and strengthens the defenses against frivolous lawsuits. By simplifying the process of challenging questionable patents and promoting more honest practices, the Innovation Act encourages inventors and businesses to pursue new ideas without the fear of overwhelming legal risks, ultimately fostering a more innovative and competitive economy.