Patent Oppositions
27 Pages Posted: 26 Nov 2002
Jonathan Levin
Stanford Graduate School of Business; Stanford University - Department of Economics; National Bureau of Economic Research (NBER)
Richard C. Levin
Yale University - Department of Economics
Date Written: October 2002
Abstract
In recent years, patent protection has extended into new areas, giving rise to serious concern about the lack of clear guidelines for patentability. We analyze the effect of introducing a patent opposition process that would allow patent validity to be challenged directly after a patent is granted. In many cases, such a system would avoid costly litigation at a later date. In other cases, the opposition process would increase the cost of conflict resolution, but would also reward holders of valid patents and limit the rewards to invalid patents. Our analysis suggests significant positive welfare gains from the introduction of a patent opposition process.
Keywords: patents, intellectual property, patent litigation, innovation, technology policy
JEL Classification: K41, O31, O34, O38
Suggested Citation: Suggested Citation
Stanford University - Department of Economics ( email )
Landau Economics Building
579 Serra Mall
Stanford, CA 94305-6072
United States
National Bureau of Economic Research (NBER)
1050 Massachusetts Avenue
Cambridge, MA 02138
United States
Richard C. Levin
Yale University - Department of Economics ( email )
28 Hillhouse Ave
New Haven, CT 06520-8268
United States
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