INFO 6940 Lecture Notes - Lecture 18: Patent Troll, Formal Language, Regulatory Capture
12 Aug 2016
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Document Summary
Get as much useful information into intro as possible [mention the key arguments] Avoid large scale/ideological arguments (anit-corporate, anti-regulation, etc. ) unless specifically substantiated in the case. Backward (gap between grant/publication and effective date of patent enforcement) Failure of disclosure function (thourgh bad description and willful ignorance caused by treble damage cause) Proliferation of bad patents (vague, obvious, trivial, etc. ) Time (on average, 18-19 hours of review per patent, and 75% are granted) Patent thickets (if you want to be an inventor of a patent, the patent process is so dense and crowded that it is hard to work through it without breaking a law) Royalty stacking (if you pay intellectual property to all patent holders, this will add a lot of costs) Field specific factors affecting the efficacy of the patent system. Field specific nature of innovation (r&d costs, blockbuster vs cumulative or combinatorial innovation models, etc. : phone has around 200 patents; standard drug has 3. 5 patents.
