Small Business Innovation Impact Act

This bill requires the Chief Counsel for Advocacy of the Small Business Administration to submit an analysis, using existing resources, to specified congressional committees on:

• the investment of small businesses in developing new and useful inventions and obtaining patents on them;
• the importance of university technology transfer to small businesses;
• the use of patent licensing arrangements by them;
• the impact of patent ownership for small businesses on attracting outside investment, creating new jobs, protecting against foreign infringing goods, and competing against larger businesses; and
• the impact on small businesses from patent-related demand letters and civil actions arising under federal law relating to patent infringement.