America Invents Act Cost the US Economy Over $1 Trillion

4 Pages Posted: 9 Jun 2015

See all articles by Richard Baker

Richard Baker

New England Intellectual Property, LLC

Date Written: June 8, 2015

Abstract

The Leahy-Smith America Invents Act (AIA), adopted by the United States government in 2011, created an Inter Partes review (IPR) process that invalidates a large percentage a patents that are challenged with this process. The IPR process has resulted in a 61% decline in the average price per patent in the United States, resulting in an aggregate drop in the value of the US economy of $0.5-1.3 Trillion.

Keywords: AIA, IPR, America Invents Act, Inter Partes review, UPPTO, patents

JEL Classification: O34, O38, O31

Suggested Citation

Baker, Richard, America Invents Act Cost the US Economy Over $1 Trillion (June 8, 2015). Available at SSRN: https://ssrn.com/abstract=2616023 or http://dx.doi.org/10.2139/ssrn.2616023

Richard Baker (Contact Author)

New England Intellectual Property, LLC ( email )

291 Main Street
West Newbury, MA 01985
United States

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
115
Abstract Views
686
Rank
428,374
PlumX Metrics