LATimes: Business bookshelf: Patent system hinders innovation
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Started by: zoobabzoobab
Date: 30 Jun 2008 13:13
Number of posts: 1
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Summary:
The U.S. patent system is not working. It stands accused on all sides of stifling innovation instead of nurturing it. Some critics say the system is fundamentally wrecked, others that it can be fixed. In this new book, "Patent Failure: How Judges, Bureaucrats, and Lawyers Put Innovation at Risk," economist James Bessen and law academic Michael Meurer show that the system no longer provides predictable property rights. They go on to offer solutions based on empirical evidence from history, law and economics.
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