Innovation and Its Discontents
Subtitle: How Our Broken Patent System is Endangering Innovation and Progress, and What to Do About It
Edition: New Ed edition
Publisher: Princeton University Press
Published: December 18, 2006
Language: eng
Format: Paperback
Number of pages: 256
ISBN-13: 9780691127941
Subjects: Intellectual property, copyright & patents; Research & development management; Law; Legal Reference / Law Profession; Public Policy - Economic Policy; USA; Government & Business; Intellectual Property - Patent; Business & Economics / Government & Business; Economics; Political Science and International Relations
First sentence: Over the course of the nineteenth and twentieth centuries , the United States evolved from a colonial backwater to become the pre-eminent economic and technological power of the world.
Description: "Innovation and its Discontents tells the story of how recent changes in patenting - an institutional process that was created to nurture innovation - have wreaked havoc on innovators, businesses, and economic productivity. Jaffe and Lerner, who have spent the past two decades studying the patent system, show how legal changes initiated in the 1980s converted the system from a stimulator of innovation to a creator of litigation and uncertainty that threatens the innovation process itself." "The increase in litigation is largely the result of two changes in the patent climate, Jaffe and Lerner contend. First, new laws have made it easier for businesses and inventors to secure patents on products of all kinds, and second, the laws have tilted the table to favor patent holders, no matter how tenuous their claims."--BOOK JACKET.