Patent Failure: How Judges, Bureaucrats, and Lawyers Put Innovators at Risk

 ( Book Product ) 

In recent years, business leaders, policymakers, and inventors have complained to the media and to Congress that today''s patent system stifles innovation instead of fostering it

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Specifications

• Patent Failure: How Judges, Bureaucrats, And Lawyers Put Innovators At Risk available on May 24 2016 from Indigo for 31.5
  
• Patent Failure: How Judges, Bureaucrats, and Lawyers Put Innovators at Risk available on April 28 2016 from Buy for 24.95
  
• Patent Failure: How Judges, Bureaucrats, and Lawyers Put Innovators at Risk available on February 01 2015 from Amazon for 20.69
  
• ISBN bar code 9780691143217 ξ1 registered May 24 2016
  
• ISBN bar code 9780691143217 ξ2 registered April 28 2016
  
• ISBN bar code 9780691143217 ξ3 registered February 01 2015
  
• Product category is Book
• Manufacturered by Princeton University Press
  

• Sku # 978069114321
  

• Product weight is 1.1 lbs.
  

But like the infamous patent on the peanut butter and jelly sandwich, much of the cited evidence about the patent system is pure anecdote--making realistic policy formation difficult. Is the patent system fundamentally broken, or can it be fixed with a few modest reforms? Moving beyond rhetoric, Patent Failure provides the first authoritative and comprehensive look at the economic performance of patents in forty years. James Bessen and Michael Meurer ask whether patents work well as property rights, and, if not, what institutional and legal reforms are necessary to make the patent system more effective. Patent Failure presents a wide range of empirical evidence from history, law, and economics. The book''s findings are stark and conclusive. While patents do provide incentives to invest in research, development, and commercialization, for most businesses today, patents fail to provide predictable property rights. Instead, they produce costly disputes and excessive litigation that outweigh positive incentives. Only in some sectors, such as the pharmaceutical industry, do patents act as advertised, with their benefits outweighing the related costs. By showing how the patent system has fallen short in providing predictable legal boundaries, Patent Failure serves as a call for change in institutions and laws. There are no simple solutions, but Bessen and Meurer''s reform proposals need to be heard. The health and competitiveness of the nation''s economy depend on it.

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References

^ Patent Failure: How Judges, Bureaucrats, And Lawyers Put Innovators At Risk Indigo. ISBN 9780691143217 (revised May 2016)
^ Patent Failure: How Judges, Bureaucrats, and Lawyers Put Innovators at Risk Buy. ISBN 9780691143217 (revised Apr 2016)
^ James BessenPatent Failure: How Judges, Bureaucrats, and Lawyers Put Innovators at Risk, Princeton University Press. Amazon. ISBN 9780691143217 (revised Feb 2015)