Last week, CPIP released an important new policy brief, The Critical Role of Patents in the Development, Commercialization, and Utilization of Innovative Genetic Diagnostic Tests, by Professor Chris Holman. Professor Holman explains the important role that patents play not only in attracting the capital investment needed to bring genetic tests to market, but also in incentivizing companies to invest in educating patients and their doctors about new tests and in facilitating insurance reimbursements for new tests. Read more
Category: Innovation
Alice Gets the Most Important Question Right
By far the most important takeaway from today’s Supreme Court decision in Alice Corp. v. CLS Bank is the Court’s acknowledgment that “many computer-implemented claims are formally addressed to patent-eligible subject matter.” Despite failing to alleviate the profound confusion caused by its recent §101 analysis in cases like Bilski, Myriad, Mayo, and plenty of earlier cases going all the way back to Benson, the Court once and for all put to rest the absurd notion that computer-implemented inventions are not patentable under §101. Read more
Tesla’s New Patent Policy: Long Live the Patent System!
Last Thursday, Elon Musk, the founder and CEO of Tesla Motors, issued an announcement on the company’s blog with a catchy title: “All Our Patent Are Belong to You.” Commentary in social media and on blogs, as well as in traditional newspapers, jumped to the conclusion that Tesla is abandoning its patents and making them “freely” available to the public for whomever wants to use them. Read more
Demand Letters and Mandatory Disclosures: First Amendment Concerns
In the recent calls to revise the patent system to address so-called “patent trolls” — an ill-defined term that effectively derails any discussion of patent policy based in reality — Congress is considering bills that would impose mandatory disclosures on all demand letters sent by patent owners. Read more
The Unintended Consequences of Patent "Reform"
By Steven Tjoe
Much of today’s patent policy debate focuses on the dynamics of patent litigation. Sensational anecdotes of abusive demand letters, litigants strategically exploiting bad patents, and tales of so-called “patent trolls” (reinforced by now debunked empirical claims) have captured the public’s imagination and spurred Congress to rush to revise the patent system. Read more
An Insightful Analysis of “Fair and Reasonable” in the Determination of FRAND Terms
By Steven Tjoe
In his forthcoming George Mason University Law Review article entitled “The Meaning of ‘Fair and Reasonable’ in the Context of Third-Party Determination of FRAND Terms,” Professor Damien Geradin explores the delicate balance of interests protected by the current system of arm’s length negotiations in the standard-setting process, and the detrimental effect disrupting this balance would have on standards-related technologies and our innovation economy. Read more
Crowdfunding's Impact on Start-Up IP Strategy
Two More Reasons to Think Twice Before Changing Our Patent System
By Steven Tjoe
Today, misguided fears of an explosion of patent litigation and the specter of the so-called “patent troll” problem continue to influence the popular perception of patent policy. Over the past year, various organizations have spurred a movement to make significant legislative changes to our patent system, despite calls for caution and further investigation by judges, FTC Commissioners, former USPTO directors, and Congress’ very own Government Accountability Office (GAO). Read more
A Brief History of Software Patents (and Why They’re Valid)
Today, there is significant public debate over patents on the digital processes and machines that comprise computer software programs. These are often referred to as “software patents,” but this is an odd moniker. Aside from the similarly mislabeled debate over “DNA patents,” nowhere else in the patent system do we refer to patents on machines or processes in a specific technological field in this way; for instance, people do not talk about “automobile brake patents” or “sex toy patents” as their own category of patents deserving of approval or scorn. Read more
The Myth of the “Patent Troll” Litigation Explosion
[Cross posted at Truth on the Market]
In a prior blog posting, I reported how reports of a so-called “patent litigation explosion” today are just wrong. As I detailed in another blog posting, the percentage of patent lawsuits today are not only consistent with historical patent litigation rates in the nineteenth century, there is actually less litigation today than during some decades in the early nineteenth century. Read more