Systemic Problems
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How We Got Here
Today’s patent crisis is a product of a half-century of policy choices that have left us with the current system. These legislative, regulatory and legal choices are at the… MORE >>
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Patents: Property or Monopoly?
Patents are often described either as property or a monopoly — both are only partially correct and potentially misleading. Patents are defined by federal statute as a private… MORE >>
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Forgotten Rationale for Patents
Patents are legally defined rights, but the patent system is intended to have an economic payoff. This works in two ways, often described as “social contracts”. First,… MORE >>
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Too Many Patents
Whereas the number of patents granted increased at less than… MORE >>
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One Size Does Not Fit All
The practice of innovation differs greatly across industries, business models and individuals. However, patent law currently operates under the assumption… MORE >>
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Abstract Patents
There is an important corollary to the principle that one size does not fit all: Not everything should be patentable. Scientific discoveries, laws of nature and abstract ideas… MORE >>
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Anti-Competitive Effects: Litigation & Extortion
The patent system’s friendliness toward patent applicants and owners necessarily favors patent assertion and litigation over market competition. Particular factors… MORE >>