Decentralising the Patent System

49 Pages Posted: 7 Sep 2019

See all articles by Gaétan de Rassenfosse

Gaétan de Rassenfosse

Ecole Polytechnique Fédérale de Lausanne

Kyle Higham

Ecole Polytechnique Fédérale de Lausanne

Date Written: September 1, 2019

Abstract

This paper proposes a substantive re-think of the modern patent system. The patent system has come under intensive criticism in the past, and many scholars have proposed ways to improve it. Ideas for improvement include, e.g., prior-art bounties, contracting out examination and dynamic fee setting. However, many of these ideas have gone unheeded due to the cost of administering them and the rigidity of the patent system. We explore how distributed ledger technologies enable these major changes.

Keywords: blockchain, distributed ledger, intellectual property, patent, smart contract

Suggested Citation

de Rassenfosse, Gaétan and Higham, Kyle, Decentralising the Patent System (September 1, 2019). Available at SSRN: https://ssrn.com/abstract=3446337 or http://dx.doi.org/10.2139/ssrn.3446337

Gaétan De Rassenfosse (Contact Author)

Ecole Polytechnique Fédérale de Lausanne ( email )

Station 5
Odyssea 1.04
1015 Lausanne, CH-1015
Switzerland

Kyle Higham

Ecole Polytechnique Fédérale de Lausanne ( email )

Station 5
Odyssea 1.04
1015 Lausanne, CH-1015
Switzerland

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