Tag Archive for covid

Open COVID Science Shows Patents Not The Only Incentive

The standard economic justification for patents is that they provide an incentive for inventions that we wouldn’t otherwise have.  In exchange for providing a patent owner with compensation for its invention, the inventor describes a new idea to the public and 20 years later, the public can use it.   There’s a lot of reasons why…

PTO Patent Licensing Marketplace Shows Potential, But Will Licensors Embrace It?

This month, the PTO announced that it would be opening up an online licensing market, “Patents 4 Partnerships.”  The market, which will initially focus on COVID-related patents, is intended to provide a centralized and easily accessible database of U.S. patents and published patent applications that have been voluntarily made available for licensing. There’s a number…