Wednesday, July 27, 2011

Is the U.S. patent system broken?

I have read critiques of the present state of the U.S. patent system, but none so powerfully delivered as this story that ran on National Public Radio yesterday evening. It suggests that the patent system has gotten so deluged with lawsuits and frivolous "inventions" that it is undermining the prospects for true innovation, and generating enormous economic waste from litigation and defensive patent acquisitions by technology and software companies.

The arguments for protection of intellectual property are compelling, but surely we can do better than this.

No comments:

Post a Comment