What are the advantages of this patenting procedure


Assignment

In the past, in the United States, patent protection was granted to the first person to invent a given product or process, even though another person may be the first to file for a patent on the same product or process. What are the advantages of this patenting procedure compared to the recent changes in law that grants the right to the first person to file? Explain."

Your response should be at least 2 pages double-spaced with standard fonts and 1-inch margins all around not including title/cover page/references.

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Macroeconomics: What are the advantages of this patenting procedure
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