An Assessment of the Impact of the America Invents Act and the Patent Trial and Appeal Board on the US Economy
In a recent study, The Perryman Group (TPG), a world-renowned group of economists widely used and respected by industry and government, measured the effect of the AIA and PTAB on the U.S. economy. TPG found the AIA and PTAB substantially reduced patent litigation and transaction costs while generating billions in economic benefit. The biggest gains were in manufacturing and trade, transportation, and utilities. In short, the legislation saved U.S. jobs and has helped drive substantial economic gains over the past decade.