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
Category: Innovation
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
The Value of Injunctions – Douglas Dynamics v. Buyers Products Co. (Fed. Cir. May 21, 2013)
The Federal Circuit’s recent decision in Douglas Dynamics, LLC, v. Buyers Products Co. (Fed. Cir. May 21, 2013) is very important given the widespread, albeit mistaken, belief today that the Supreme Court’s decision in eBay v. MercExchange (2005) established that damages and not injunctions are the presumptive remedy for patent infringement. Read more
Guest Post by Wayne Sobon: A Line in the Sand on the Calls for New Patent Legislation
On June 9-11, the IP Business Congress sponsored by Intellectual Asset Magazine (IAM) hosted a debate on the resolution: “This house believes that the America Invents Act should be a legislative line in the sand and that no more reform of the US patent system is needed.” Read more
Some Recommended Books on Scientists, Inventors and Innovators
I am an avid reader of books about scientists, inventors and innovators. I’ve been particularly happy about the evolution of the narrative nonfiction genre that has occurred since the publication in 1995 of Longitude: The True Story of a Lone Genius Who Solved the Greatest Scientific Problem of His Time, Dava Sobel’s award-winning book on John Harrison’s invention of the first truly mechanical clock. Read more