Download this Paper Open PDF in Browser

Business Method Patents, Innovation, and Policy

30 Pages Posted: 26 May 2003 Last revised: 30 Oct 2014

Bronwyn H. Hall

University of California at Berkeley; National Bureau of Economic Research (NBER); Institute for Fiscal Studies (IFS)

Multiple version iconThere are 2 versions of this paper

Date Written: May 2003

Abstract

The trickle of business method patents issued by the United States Patent Office became a flood after the State Street Bank decision in 1998. Many scholars, both legal and economic, have critiqued both the quality of these patents and the decision itself. This paper discusses the likely impact of these patents on innovation. It first reviews the facts about business method and internet patents briefly and then explores what economists know about the relationship between the patent system and innovation. It concludes by finding some consensus in the literature about the problems associated with this particular expansion of patentable subject matter, highlighting remaining areas of disagreement, and suggesting where there are major gaps in our understanding of the impact of these patents.

Suggested Citation

Hall, Bronwyn H., Business Method Patents, Innovation, and Policy (May 2003). NBER Working Paper No. w9717. Available at SSRN: https://ssrn.com/abstract=410644

Bronwyn H. Hall (Contact Author)

University of California at Berkeley ( email )

549 Evans Hall #3880
Berkeley, CA 94720-3880
United States

HOME PAGE: http://emlab.berkeley.edu/users/bhhall/index.html

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Institute for Fiscal Studies (IFS)

7 Ridgmount Street
London, WC1E 7AE
United Kingdom

Paper statistics

Downloads
60
Rank
35,283
Abstract Views
2,072