Courts and the Patent System
7 Pages Posted: 5 Aug 2009 Last revised: 25 Aug 2010
Innovation and patent law work differently in different industries. To some degree, the courts’ interpretations of patent and trademark law accommodate those differences. It is not much of an exaggeration to say that the patent system must bend or break: a patent system that is not flexible enough to account for these industry differences is unlikely to survive, let along accomplish its stated goals. We believe the system has the flexibility to do both, but this will require the courts to better recognize and use the policy levers they have been given.
Keywords: PHOSITA, Person having ordinary skill in the art, Patent Act, PTO, Patent and Trademark Office, defensive patents, IP, intellectual property, property rule
JEL Classification: F13, H10, K11, O31,O34
Suggested Citation: Suggested Citation