A Patent System for the 21st Century

A Patent System for the 21st Century

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The U.S. patent system is in an accelerating race with human ingenuity and investments in innovation. In many respects the system has responded with admirable flexibility, but the strain of continual technological change and the greater importance ascribed to patents in a knowledge economy are exposing weaknesses including questionable patent quality, rising transaction costs, impediments to the dissemination of information through patents, and international inconsistencies. A panel including a mix of legal expertise, economists, technologists, and university and corporate officials recommends significant changes in the way the patent system operates. A Patent System for the 21st Century urges creation of a mechanism for post-grant challenges to newly issued patents, reinvigoration of the non-obviousness standard to quality for a patent, strengthening of the U.S. Patent and Trademark Office, simplified and less costly litigation, harmonization of the U.S., European, and Japanese examination process, and protection of some research from patent infringement liability.
LF/276554/R

Data sheet

Name of the Author
Committee on Intellectual Property Rights in the Knowledge-Based Economy
Mark B. Myers
National Research Council
Richard C. Levin
Stephen A. Merrill
Language
English
ISBN
9780309567060
Release date
2004

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A Patent System for the 21st Century

The U.S. patent system is in an accelerating race with human ingenuity and investments in innovation. In many respects the system has responded with admirabl...

Write your review

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