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How Not to Invent a Patent CrisisF. Scott KieffGeorge Washington University - Law School; Stanford University - Hoover Institution on War, Revolution and Peace Henry E. SmithHarvard Law School REACTING TO THE SPENDING SPREE: POLICY CHANGES WE CAN AFFORD, Terry L. Anderson and Richard Sousa, eds., Hoover Institution Press, 2009 Stanford Law and Economics Olin Working Paper No. 384 Harvard Public Law Working Paper No. 10-02 GWU Law School Public Law Research Paper No. 482 Abstract: This short essay written for a broad audience addresses the problems that are at the center of current debates in academic and policy circles about the patent system. Most current patent reform proposals are designed to give officials and courts more power to weaken or eliminate ‘‘unworthy’’ patents and take primary aim at so-called patent trolls. This essay argues that in light of the rapid, and excessive, changes that have already occurred in the courts, what patent law needs is a tweaking of existing safety valves and processes - not opening the floodgates to more discretion and uncertainty.
Number of Pages in PDF File: 25 Keywords: patent, innovation Accepted Paper SeriesDate posted: October 31, 2009 ; Last revised: March 12, 2013Suggested CitationContact Information
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