Click on the audio player above to hear this interview.
In 2011, President Obama signed the America Invents Act, a law that overhauled the patent system and opened four new patent offices.
Hope Shimabuku directs one of them: The Texas Regional United States Patent and Trademark Office. She tells The Takeaway that the new law speeds the invention timetable, from the first brainstorm to a finished, patented product.
"A lot of people are starting to understand the value of patents and how important a role [they] play in innovation, and driving innovation," she says.