Reconceiving Patents in the Age of Venture Capital

17 Pages Posted: 24 Jul 2015

Date Written: 1999


The case for patent enforcement driving innovation is far from clear. But patents may serve myriad other purposes besides excluding competitors. We should focus more of our attention on how patents are used outside traditional litigation and licensing.

Suggested Citation

Lemley, Mark A., Reconceiving Patents in the Age of Venture Capital (1999). Stanford Public Law Working Paper No. 2635229. Available at SSRN: or

Mark A. Lemley (Contact Author)

Stanford Law School ( email )

559 Nathan Abbott Way
Stanford, CA 94305-8610
United States

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