Patent Failure (eBook)

How Judges, Bureaucrats, and Lawyers Put Innovators at Risk

James Bessen, Michael J. Meurer (Autoren)

eBook Download: EPUB

2009
352 Seiten
Princeton University Press (Verlag)
978-1-4008-2869-2 (ISBN)

Infos

In recent years, business leaders, policymakers, and inventors have complained to the media and to Congress that today's patent system stifles innovation instead of fostering it. But like the infamous patent on the peanut butter and jelly sandwich, much of the cited evidence about the patent system is pure anecdote--making realistic policy formation difficult. Is the patent system fundamentally broken, or can it be fixed with a few modest reforms? Moving beyond rhetoric, Patent Failure provides the first authoritative and comprehensive look at the economic performance of patents in forty years. James Bessen and Michael Meurer ask whether patents work well as property rights, and, if not, what institutional and legal reforms are necessary to make the patent system more effective. Patent Failure presents a wide range of empirical evidence from history, law, and economics. The book's findings are stark and conclusive. While patents do provide incentives to invest in research, development, and commercialization, for most businesses today, patents fail to provide predictable property rights. Instead, they produce costly disputes and excessive litigation that outweigh positive incentives. Only in some sectors, such as the pharmaceutical industry, do patents act as advertised, with their benefits outweighing the related costs. By showing how the patent system has fallen short in providing predictable legal boundaries, Patent Failure serves as a call for change in institutions and laws. There are no simple solutions, but Bessen and Meurer's reform proposals need to be heard. The health and competitiveness of the nation's economy depend on it.

Autor

James Bessen, a former software developer and CEO, is lecturer at Boston University School of Law. Michael J. Meurer is the Michaels Faculty Research Scholar and professor of law at Boston University.

Produkt-Details

• Erscheint lt. Verlag: 3.8.2009
• Zusatzinfo: 21 line illus. 17 tables.
• Verlagsort: Princeton
• Sprache: englisch
• Themenwelt: Recht / Steuern ► Allgemeines / Lexika
• Themenwelt: Recht / Steuern ► EU / Internationales Recht
• Themenwelt: Recht / Steuern ► Wirtschaftsrecht ► Urheberrecht
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Unternehmensführung / Management
• Schlagworte: Advanced Technology Program • Alternative Investment • appellate court • attempt • barriers to entry • bribery • bundle of rights • Business Ethics • Business method patent • Calculation • Center for the Study of the Public Domain • Chemical Industry • Chemical patent • Claim chart • Comparative Advantage • Competition (economics) • Competition Law • Complementary good • concurrence • copying • Copyright • cronyism • Customer • Declaratory judgment • Disgorgement • Disruptive innovation • Doctrine of equivalents • Economic Growth • Emerging Technologies • Eric von Hippel • Event Study • Federal Trade Commission • Forum shopping • Fraud • Gottschalk v. Benson • Growth Firm • Hold-up problem • impasse • Impediment (canon law) • Independent inventor • injunction • Intellectual Property • Interference proceeding • Invention • Inventive step and non-obviousness • Jay Cohen • Know-how • land grant • Lawsuit • Legislative history • licensee • Litigation risk • Maintenance fee (patent) • Market power • Market Value • Mature technology • mistake of law • Oligopoly • opportunity cost • O'Reilly v. Morse • Ownership (psychology) • Patent • Patentability • patent application • patent attorney • Patent claim • Patent infringement • Patent pool • patent prosecution • Patent thicket • Policy • Precedent • Preliminary injunction • Price controls • Prior Art • product innovation • Property Law • Prosecution history estoppel • rambus • Real estate appraisal • Reasonable Person • Red Tape • reexamination • Richard Stallman • right to property • Shakeout • Software patent • Special Rights • Subsidy • Tax • Technology • The Market for Lemons • trademark infringement • Trade secret • Tragedy of the anticommons • United States patent law • unjust enrichment • Useful art • Warner-Jenkinson Co. v. Hilton Davis Chemical Co. • Win rate
• ISBN-10: 1-4008-2869-4 / 1400828694
• ISBN-13: 978-1-4008-2869-2 / 9781400828692