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Office of Advocacy

Advocacy is an independent voice for small business within the federal government, the watchdog for the Regulatory Flexibility Act (RFA) and the source of small business statistics. Advocacy advances the views and concerns of small business before Congress, the White House, the federal agencies, the federal courts and state policy makers. 
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Office Spotlight

The Leahy-Smith America Invents Act: A Preliminary Examination of Its Impact on Small Business

The Leahy-Smith America Invents Act of 2011 (AIA) instructed the Office of Advocacy to study the economic outcomes of the shift from a first-to-invent system (FTI) to a first-inventor-to-file (FITF) system.  In the absence of robust patent licensing data, the study strives to report the outcomes by looking into stock market prices at different times during the legislative process, analyzing changes in venture capital funding, and using Canada’s experience post-change to a FITF system as a case study.