That's a good question.
I think it's fair to say that what it will do is provide the appropriate incentives to maintain a well-functioning patent application and review system, which certainly could be supportive of innovation.
It also ensures that those who put in the research and development effort and the resources required to support research and development are better assured of having an appropriate amount of time under the law to take advantage of that innovation, which, of course, would be supportive of continued investment.